Question

(1)Suppose that Boeing and Airbus have plans to develop a similar jet airliner. Unfortunately, if both produce this aircraft, then both companies will take a loss. In game theory, which of the following would be most relevant?

Group of answer choices

battle of the sexes

prisoner's dilemma

chicken game

None of the answers listed here

pirate game

(2)The Latin word agio means . . .

Group of answer choices

to speak.

to follow.

none of the answers listed here.

to conquer.

to act on behalf.

to move.

(3)Who is most closely related to the notion of the "negative railroad"?

Group of answer choices

Milton Friedman

Alfred Kahn

James Buchanan

Frederic Bastiat

Robert McTeer

(4)Who is most closely related to the application of game theory to terrorism ?

Group of answer choices

Kip Viscusi

James Buchanan    

Gordon Woo

William Vickrey

Milton Friedman

Ralph Nader

(5)Who is most closely related to risk analysis (i.e., cost per life saved)?

Group of answer choices

Ralph Nader

Gordon Woo

James Buchanan    

Kip Viscusi

Ralph Nader

William Vickrey

Answer 1

Answer)

1)

Suppose that Boeing and Airbus have plans to develop a similar jet airliner. Unfortunately, if both produce this aircraft, then both companies will take a loss. In game theory, which of the following would be most relevant?

prisoner's dilemma

2)The Latin word agio means . . .

none of the answers listed here.

Agio means a premium or a fee on money

3)Who is most closely related to the notion of the "negative railroad"?

Frederic Bastiat

4)Who is most closely related to the application of game theory to terrorism ?

Milton Friedman

5)Who is most closely related to risk analysis (i.e., cost per life saved)?

Gordon Woo

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