Evaluate an informational equilibrium
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Q: A seller and a buyer have a hierarchy of mutual beliefs about the price of a product. They should negotiate the price to make the deal. Construct the corresponding model. Evaluate an informational equilibrium.
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There exist two agents with the cost functions ci(yi) = yi2/(2ri), i = 1, 2. The principal's income func- tion represents the sum of agents' actions.
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Describe several reasons for differences in the prevalence of foodborne illness that may appear among the various regions of the world.
A seller and a buyer have a hierarchy of mutual beliefs about the price of a product. They should negotiate the price to make the deal.
The first step toward becoming an agile manufacturer is developing the means to monitor the marketplace; for instance, changes in customer demand.
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Assume two countries (A and B) and a certain agent participate in a game. The agent is a high-ranking offi- cial of the country A and an intelligencer
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