Problem Set III
Intermediate Microeconomics 2
March 11th, 2016
Sam Hwang1
This problem set is due on Friday March 18th. Slide it under my office door (IONA 205).
Problem 0.1. Find ALL Bayesian Nash Eq
Econ. 303: Intermediate microeconomics II
Professor Wei Li
2011-2012, Term 2
Problem set 1 solution
QUESTION ONE: Answer all the following questions from the textbook.
Chapter 11: Q40
a. If the consum
Problem Set I Solution
Intermediate Microeconomics 2
January 16th, 2016
Sam Hwang1
Submit your solution individually. The deadline is January 22nd, Friday. Throughout
this problem set, We are always g
Problem Set 2
Intermediate Microeconomics 2
January 29th, 2016
Sam Hwang1
Submit your solution individually. You can either type or handwrite. The deadline is
February 5th, Friday.
1
Definitions
Refer
Problem Set V
Intermediate Microeconomics 2
March 25th, 2016
Sam Hwang1
This problem set is due on Friday April 1st. Slide it under my office door (IONA 205).
Problem 0.1.
(a) Find all Nash equilibria
Midterm 1 Logistics
University of British Columbia
Department of Economics
Econ 303: Midterm 1 Information
Professor Wei Li
Wei Li
Phone: 2-2839
Email: [email protected]
Office: 1015 Buchanan Tower
Office
Decision Making under Behavioral
Economics
Decision Making: the Behavioral
Economics Perspective
Behavioral economics
Same as standard econ: questions, approaches,
But with more psychologically rea
Econ. 303: Intermediate Microeconomics
2011-2012, Term 2
Midterm 2 Solution
QUESTION ONE: MULTIPLE CHOICES (213=26 points). Please write your answer
(a,b, c, or d) on the exam. No explanation is neede
Econ. 303: Intermediate microeconomics II
Professor Wei Li
2011-2012, Term 2
Problem set 2 Solution
QUESTION ONE: Answer all the following questions from the textbook.
Chapter 13: Q30
a.
The expected
Econ. 303: Intermediate microeconomics II
Professor Wei Li
2011-2012, Term 2
Problem set 4
DIRECTIONS:
1. Problem set 4 is posted on March 27 and due back in class on Thursday, April 5,
by the end of
Econ 303-002 Intermediate Microeconomics 2
Instructor: Sam Hwang ([email protected])
TA: Hong Chui ([email protected])
Welcome to Econ 303-002. The objective of this course is to help you under
Review of Probability Theory
Sam Hwang
December 30, 2016
1 / 13
What is an experiment?
I
An experiment: any procedure that
1. can be infinitely repeated
2. has a set of possible outcomes
I
Example of
Game Theory
Sam Hwang
January 17, 2017
1 / 125
Introduction to Game Theory
I
I
So far we have been only concerned with situations in which
individuals well-being depends only on the choices she makes
Problem Set I
Intermediate Microeconomics 2
January 11th, 2017
Sam Hwang1
Submit your solution individually. The deadline is January 17th, Tuesday at the beginning of the class. Throughout this proble
Problem Set VI
Intermediate Microeconomics 2
April 11th, 2016
Sam Hwang1
This problem set is due on Friday April 22nd. You may slide it under my office door
(IONA 205) on or any time before midnight o
Logistics: final exam
University of British Columbia
Department of Economics
Econ 303: Final Information
Professor Wei Li
Li
Phone: 2-2839
Email: [email protected]
Office: 1015 Buchanan Towe
University of British Columbia
Department of Economics
Econ 303: Oligopoly and Monopolistic
Competition
Professor Wei Li
Phone: 2-2839
Email: [email protected]
Office: 1015 Buchanan Tower
Office hours: T/
Stackelberg Model
The difference from the Cournot game:
One firm decides the quantity before the other;
This decision is observable;
And it is credible that the quantity will be
produced
produced.
University of British Columbia
Department of Economics
Econ 303: Decision making under
Uncertainty and over time
Professor Wei Li
Phone: 2-2839
Email: [email protected]
Office: 1015 Buchanan Tower
Office
St. Petersburg Paradox
Uncertainty and Consumer Behavior
In economic decisions, expected payoff/value
is not the only thing
How much would you pay to participate in the
following gamble? (Nicholas B
4/3/2012
Less-informed Players
Moral hazard
Screening
Creating situations in which the betterinformed opponents observable actions
reveal their unobservable traits.
their unobservable traits
Incent
Midterm 2 Logistics
University of British Columbia
Department of Economics
Econ 303: Midterm 2 Information
Professor Wei Li
Wei Li
Phone: 2-2839
Email: [email protected]
Office: 1015 Buchanan Tower
Office
Econ. 303: Intermediate microeconomics II
Professor Wei Li
2011-2012, Term 2
Problem set 3 solution
QUESTION ONE: Answer all the following questions from the textbook.
1. Chapter 16: Q19
E(FNJ) 0.25 3
Econ. 303: Intermediate microeconomics II
Professor Wei Li
2011-2012, Term 2
Problem set 4 Solution
QUESTION ONE: Answer all the following questions from the textbook.
1. Chapter 16: Q32
Answer:
a. Th
Problem Set III
Intermediate Microeconomics 2
February 12th, 2016
Sam Hwang1
This problem set is due on Tuesday, February 23rd in class.
1
Definitions
Refer to the lecture slides
2
application
Problem
Problem Set VI
Intermediate Microeconomics 2
April 11th, 2016
Sam Hwang1
This problem set is due on Friday April 22nd. You may slide it under my office door
(IONA 205) on or any time before midnight o
Midterm Exam
Intermediate Microeconomics 2
February 25th, 2016
Sam Hwang1
Problem 0.1. Below is a table of prizes and probability of winning each prize for an imaginary lottery called UBC-ball
Prize (
Choice Under Uncertainty
Sam Hwang
January 3, 2017
1 / 116
Welcome to Econ 303-002
I
Instructor: Sam Hwang ([email protected], IONA 205)
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TA: Hong Chui ([email protected])
I
Lecture: Tuesdays