FORT BEND COUNTY A&M UNIVERSITY MOTHERS CLUB SCHOLARSHIP APPLICATION
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The Role of Leagues
The Role of Leagues
Marketing-overcome the free-rider problem
Promote competitive balance
Causes of imbalance
How do teams balance talent?
i) Revenue Sharing
ii) Salary Caps
Production Possibilities Frontiers and Opportunity Costs
Use a production possibilities frontier to analyze opportunity costs
Production possibilities frontier
A production possibilities frontier (PPF) is a curve sho
March 27, 2017
Problem Set 3
The love for craft beer has quickly engulfed the American mainstream.
McCluskey and Shreay (2016) detail how the new craze for craft beer has created a start
up of local microbreweries across the count
LDC- less developed country
DC- developed country
Northern countries are more developed than southern countries.
Developing vs. Underdeveloped
Emerging countries are high profile countries- ex: Brazil and India
Third world? first world U.S., se
PROPERTIES OF THE COMPETITIVE EQUILIBRIUM
What should be Privately owned?
How Should Property rights be Allocated?
There are two dimensions of this question:
What will benefit the most
FWT states that the com
The publication of Thomas Pikettys book Capital in the Twenty-first Century
rebirthed the debate of global inequality. In a present day colossal issue economic
international disparity, Piketty studies both historic and economic realms of the issue to
The National Basketball Association (NBA) is full of average players with
average free-throw percentages. However, opposing teams penalize players with below
average percentages. The concept behind the idea of Hack-a-Shaq is that the team foul
UNIT 2: Examples of Games
Simultaneous games are usually written in a game table (AKA game
matrix or payoff table).
o Table is called normal form or strategic form of the game
o Dimensions of the table are equal to numbe