Bus Emilien Allier David Schil Contents Introduction 2 What is the Game theory? 2 Theory 4 Making commitments: promises and threats 4 Basic situation 4 Unique Win/Win situation 5 Commitments and side payments 5 Prisoner’s dilemma 7 The Simplest Game: Two Person with a Fixed Pie 8 Tacit Barganining 8 How to act during a negotiation 9 Breakthrough Strategy 9 Tactics 10 Limits 11 The modelisation 11 The interpretation 12 Conclusion 13 Sources 13 Introduction
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product is given by 396 — 4x2‚ construct the overall marginal cost and determine profit maximising output in each plant. Explain the basic tenets of Rawl’s theory of justice. Define ’Nash equilibrium’ and explain with the help of the game ’Prisoner’s Dilemma’. Provide an example of a game with multiple Nash equilibria. MEC-001 1 P.T.O. SECTION - B Attempt any four questions from this section : 5. 4x10=40 With Cobb - Douglas production functions‚ show that : the output elasticity with respect to
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of processed food‚ but they are not the only ones to blame. Yes they are the ones taking advantage of our ignorance by mass-producing cheap food that they know we will not think twice about‚ but the ignorance is our fault. Author of The Omnivore’s Dilemma‚ Michael Pollan‚ describes the current foundation of the food industry‚ “Our food system depends on consumers’ not knowing much about it beyond the price disclosed by the checkout scanner. Cheapness and ignorance are mutually reinforcing” (Pollan
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The Department Store Dilemma There are several issues presented in this dilemma. One is about Mary-Alice’s heart condition and the restrictions in the company’s medical insurance program. In order to become a full time worker at Bassfield Department Store‚ the policy states that the employee must pass the physical exam. Due to the fact that Mary-Alice failed the exam‚ the personnel manager Bill Chaves thinks that she should be terminated because it violates the company’s policy. However‚ there
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for themselves. A nurse is also required to be non-prejudice and understand and acknowledge other cultures and beliefs‚ for example some religions do not believe in blood transfusions‚ as a nurse it is important not to judge when faced with such a dilemma. It is paramount that the nurse is aware of each individual patient’s needs. To establish this it is important that patients are assessed and their care plan be thoroughly explained to ensure they understand the reason(s) for any medication or procedure
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Stage 1. Obedience and Punishment Orientation. Kohlberg’s stage 1 is similar to Piaget’s first stage of moral thought. The child assumes that powerful authorities hand down a fixed set of rules which he or she must unquestioningly obey. To the Heinz dilemma‚ the child typically says that Heinz was wrong to steal the drug because "It’s against the law‚" or "It’s bad to steal‚" as if this were all there were to it. When asked to elaborate‚ the child usually responds in terms of the consequences involved
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To what extent do you think the meaning of Hamlet revolves around key conflicts? Conflict is the cornerstone on which the timeless appeal of Hamlet rests. Hamlet is fundamentally an ethical play which challenges an audience to reconsider its understanding of the dichotomy between good and evil. Conflict‚ because of its predominance in the context of the early seventeenth century Renaissance‚ forms the basis of the behaviour of key characters in the play‚ particularly in ethical and religious confusion
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Types of ethical dilemmas 67% 1 2 3 Distinguishing between legal and ethical issues 67% 4 5 6 Recognizing cultural differences 67% 7 8 9 Communicating effectively with people from other cultures 33% 10 11 12 Business Communication 2.0 67% 13 14 15 Elements of the communication process. 100% 16 17 18 Barriers to communication 33% 19 20 21 Concept: Types of ethical dilemmas Concepts Mastery
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Botany of Desire Name Institutional Affiliations In the Botany of Desire by Michael Pollan‚ emphases on how mankind has taken his position in trying to influence and control nature through technology such as genetic engineering. The purpose of this is to satisfy his desire for perfection by controlling the seeds of plants such as apples and potatoes. It appears that Pollan has a vivid imagination on plant-human interaction‚ when he writes the book. He thoroughly examines the connection of
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Local method of “Chira” processing Introduction: “Chira” (beaten rice) is a local food of Bangladesh. Chira is a is a type of rice which is flattened into flat light dry flake. It is a type of breakfast specially in rural and semi urban regions. It is prepared from rice and is a low cost wholesome food with good nutritional value. It can be consumed in different ways by soaking raw in water‚ fried‚ with curd or milk‚ etc. Background: Local method of “chira” processing is an organic process
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