Simulated profits oil lease

Simulated profits oil lease - A signal Case Case Case Case...

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Unformatted text preview: A signal Case Case Case Case 1 2 3 4 Charlie Ricco B signal 0 3 0 3 A's bid 0 0 3 3 B's bid 1.5 4.5 1.5 4.5 1.5 1.5 4.5 4.5 A's profit Results from -0.75 1000 -1.5 Trials 0 0.75 -0.375 -0.3795 Willliam Russell Willliam Russell ...
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This note was uploaded on 12/26/2011 for the course ECON 177 taught by Professor Garratt during the Fall '09 term at UCSB.

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