ECON 4550 (Fall 2011) Quiz 6
Name _A. Key_
Multiple Choice Questions: (2 points each)
1.
A _ refers to a game in which every player has a dominant strategy (so that the game has a unique
equilibrium characterized by all players using their dominant strate
Economics of Strategy (ECON 4550) Maymester 2013
Game Theoretic Models of Oligopoly
Reading: The Right Game: Use Game Theory to Shape Strategy (ECON 4550 Coursepak,
Page 115) and Partsometer Pricing (ECON 4550 Coursepak, Page 133)
Definitions and Concepts
Economics of Strategy (ECON 4550) Maymester 2013
Foundations of Game Theory
Reading: Game Theory (ECON 4550 Coursepak, Page 95)
Definitions and Concepts:
Game Theory study of decision making settings in which the outcome for each decision
maker depends up
Economics of Strategy (ECON 4550) Maymester 2013
Linear Programming
Reading: Note on Linear Programming (ECON 4550 Coursepak, Page 7) and Merton Truck
Company (ECON 4550 Coursepak, Page 19)
Definitions and Concepts:
Linear Programming mathematical techniq
ECON 4550 (Summer 2013) Exam 3
Name _A. Key_
Multiple Choice Questions: (4 points each)
1.
The Simplex Method is an algorithmic procedure for solving linear programming
problems of any size which was developed by _.
A.
George Dantzig
2.
In the Cournot Mod
ECON 4550 (Summer 2012) Exam 3
Name _A. Key_
Multiple Choice Questions: (4 points each)
1.
For any Linear Programming problem, imposing an additional redundant constraint would
A.
not alter the solution to the problem whatsoever.
2.
In the Bertrand Model
ECON 4550 (Summer 2012) Exam 3
Name _
Multiple Choice Questions: (4 points each)
1.
For any Linear Programming problem, imposing an additional redundant constraint would
A.
not alter the solution to the problem whatsoever.
B.
alter the solution to the pro
ECON 4550 (Fall 2011) Exam 2
Name _
Multiple Choice Questions: (4 points each)
1.
A Dummy Variable
A.
should never be included in any regression equation.
B.
can only ever be included in a regression as the Y variable (and never as one of the
X variables)
ECON 4550 (Fall 2011) Exam 2
Name _ A. Key _
Multiple Choice Questions: (4 points each)
1.
A Dummy Variable
C.
indicates whether an observation is characterized by a particular attribute.
2.
Event A and Event B are independent events. The probability of E
ECON 4550 (Fall 2011) Quiz 2
Name _
Multiple Choice Questions: (2 points each)
1.
The value of the Herfindahl-Hirschman Index for Industry A is (1,874.1), while the value of the
Herfindahl-Hirschman Index for Industry B is (172.3). These values directly s
ECON 4550 (Fall 2011) Quiz 2
Name _A. Key_
Multiple Choice Questions: (2 points each)
1.
The value of the Herfindahl-Hirschman Index for Industry A is (1,874.1), while the value of the
Herfindahl-Hirschman Index for Industry B is (172.3). These values dir
ECON 4550 (Fall 2011) Quiz 5
Name _A. Key_
Multiple Choice Questions: (2 points each)
1.
U-Mobile is a provider of cellphone service in Texas. They offer two different plans. Under Plan A
customers pay $10 per month, get 120 free minutes, and pay 10 for a
ECON 4550 (Fall 2011) Quiz 5
Name _
Multiple Choice Questions: (2 points each)
1.
U-Mobile is a provider of cellphone service in Texas. They offer two different plans. Under Plan A
customers pay $10 per month, get 120 free minutes, and pay 10 for any addi
ECON 4550 (Fall 2011) Quiz 3
Name _
Multiple Choice Questions: (2 points each)
1.
Event A and Event B are independent events. The probability of Event A occurring is (.6) and the
probability of Event B occurring is (.15). Thus, the probability of Event A
ECON 4550 (Fall 2011) Quiz 4
Name _
Multiple Choice Questions: (2 points each)
1.
The difference between the actual value of y i and the estimated value of y i is called
A.
R-squared.
B.
the Residual Sum of Squares.
C.
the residual.
D.
the p-value.
E.
Non
ECON 4550 (Fall 2011) Quiz 4
Name _ A. Key _
Multiple Choice Questions: (2 points each)
1.
The difference between the actual value of y i and the estimated value of y i is called
C.
the residual.
2.
A Dummy Variable
E.
More than one (perhaps all) of the a
ECON 4550 (Fall 2011) Quiz 1
Name _
Multiple Choice Questions: (2 points each)
1.
Since December 2010, there has been an increase in the price but decrease in the quantity traded of Good
Z. Which of the following would have led to this observed change in
ECON 4550 (Fall 2011) Quiz 6
Name _
Multiple Choice Questions: (2 points each)
1.
A _ refers to a game in which every player has a dominant strategy (so that the game has a unique
equilibrium characterized by all players using their dominant strategies),