Consider two variants of the n-hunter stag hunt in which only m hunters, with 2 ≤ m < n, need to pursue the stag in order to catch it. (continue to assume that there is a single stag.) assume that a captured stag is shared only by the hunters that catch it. under each of the following assumptions on the hunters' preferences, find the nash equilibria of the strategic game that models the situation.
(a) as before each hunter prefers the fraction 1/n of the stag to hare.
(b) each hunter prefers the fraction 1/k of the stag to a hare, but prefers a hare to any smaller fraction of the stag, where k is an integer with m =< k =

Which term refers to the cost that motivates an economic decision

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form