Solving for dominant strategies and the Nash equilibrium *Suppose Sean and Yvette are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix that follows shows
the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Sean chooses Right and Yvette
chooses Right, Sean will receive a payoff of 9 and Yvette will receive a payoff of 8.
Yvette
Left (8,5 3,6)
Right (8,7 9,8)

Sean
Left (8,5 8,7)
Right (3,6 9,8)

The only dominant strategy in this game is for Sean or Yvette ? to choose left or right?

The outcome reflecting the unique Nash equilibrium in this game is as follows: Sean chooses Left or Right ? And Yvette chooses Left or Right?

The bonds issued by the south foot bear a coupon rate of 7.5 percent, payable semiannually. the bonds mature in 6.5 years, sell at par, and have a $1,000 face value. what is the yield to maturity

You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

At fenway park, home of the boston red sox, seating is limited to 38,000. hence, the number of tickets issued is fixed at that figure. the following graph shows the demand and supply for red sox tickets. use the graph input tool to you answer the following questions. you will not be graded on any changes you make to this graph. 0 38 76 100 90 80 70 60 50 40 30 20 10 0 price of tickets quantity of tickets (thousands) demand supply graph input tool market for tickets price 10 quantity demanded (thousands of tickets) 68 quantity supplied (thousands of tickets) 38 tax on buyers 0.00 seeing a golden opportunity to raise revenue, the city of boston levies a per ticket tax of $5 to be paid by the ticket buyer. boston sports fans, a famously civic-minded lot, send in the $5 per ticket. true or false: the entire tax burden falls on the team’s owners because supply is perfectly inelastic. true false