What does strategic interaction mean? Illustrate this using an example (either verbal, mathematical, or graphical).
What will be an ideal response?
Ans: Strategic interaction means that each player makes decisions based on her anticipation of what the other players will do, and she weighs the consequences of alternative courses of action and chooses the one that maximizes her utility.
An example is a sequential game, in which each player looks down the tree to try and anticipate the choices of the other players. Another example is the Chicken Game, in which each player considers the possible consequences of swerving and of going straight. If a player anticipates that another player is going to continue to go straight, then she is better off swerving. If a player anticipates that her opponent will swerve, then she is better off going straight.
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Which does NOT describe the characteristics of California's economy? a. It is not subject to the same ups and downs as the national economy. b. California's bad times seem to be very bad
c. The state economy affects different regions in different ways. d. Demographics explain some of the differences in income levels.
Which of the following is an example of devolution?
What will be an ideal response?
In the case of Washington v. Glucksberg, the Supreme Court ruled that
A. the Supreme Court has ruled that the patient-doctor confidentiality privilege prevents either the Court or the legislature from deciding on assisted suicides, one way or the other. B. the Constitution guarantees citizens the right to die, and, as such, guarantees them access to assisted suicide. C. since the sick and the elderly place a burden on society, physicians have wide discretion in euthanizing patients. D. the Constitution does not guarantee citizens the right to die. E. although the Constitution guarantees citizens the right to die, it does not guarantee the right to assisted suicide.
What region of the former Yugoslavia became the scene of “ethnic cleansing” in 1992?
a. Bosnia. b. Macedonia. c. Serbia. d. Kosovo.