Chapter 1: The Interconnected Economy
1. What goods will be produced?
2. What quantities of each good will be produced?
3. How will the goods that are produced be allocated across the population?
4. What role will be played by the decisions of individuals
Homework 10 on Chapter 23 Games of Sequential Moves
Q1: Question 1 at the end of the chapter starting with Show that the first players
Q2: Question 4 at the end of the chapter starting with Consider a game in which there is $4
Q3: Question 5 at th
Homework 8 on Chapter 20 The Take Over Game
Q1: Question 1 at the end of the chapter starting with How would the analysis
Q2: Question 2 at the end of the chapter starting with Suppose the owner.
Q3: Question 3 at the end of the chapter starting w
Homework 7 on Chapter 19 Private Value Auctions
Q1: Your textbook mentions in the last section Extensions and Further Reading that auctions
with more bidders are more competitive, which will cause bids to be closer to values. Use the
Homework for asset market chapter:
1. Question 1 at the end of chapter 11 on Asset Markets and Price Bubbles.
Question 1 starts with: Consider the setup discussed in section I, with no interest
2. Please graph the supply and demand cu
Homework 4 on chapter 29 Search Cost
Question 2 and question 3 at the end of chapter 29 on Search
Question 2 starts with With a search cost of 20 cents per draw
Question 3 starts with With a search cost of 5 cents for draws
Homework 3 on Chapter 27
Question 2 and question 3 at the end of chapter 27 on Probability Matching
Question 2 starts with A recent class experiment used the probability matching
Question 3 starts with Answer the two parts of question 2 for the ca
Homework 2 on Chapter 4
Chapter 4 - Questions 1 and 2 at the end of the chapter.
Question 1 starts with For the square root utility function
Question 2 starts with Consider the quadratic utility function