Workbook for Game Theory and Political Economy1 Martin Gregor IES‚ Charles University in Prague January 23‚ 2012 set of sample exercises has been created for the undergraduate course JEB064 Game Theory and Political Economy given by Martin Gregor at IES‚ Charles University‚ Prague. Each exercise includes a full solution. The workbook is a work in permanent construction. Any comment is more than welcome. 1 This 2 Contents 1 Essentials in game theory 1.1 Centipede game (Rasmusen 2007)
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Date: 27 April 2012 McGregor’s XY Theory In 1960‚ American social psychiatrist‚ Douglas McGregor wrote a book titled ‘The Human Side Of Enterprise’. It was in this book that McGregor first proposed his famous XY theory. McGregor’s XY Theory is a type of motivational management. McGregor’s theory is incredibly simple yet effective. Most of the fundamental elements of the XY Theory rely solely on how the manager views their employees. Even though McGregor’s theory is over fifty years old‚ it is still
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Appendix D Additional problems D.1 Probability theory (Chapter 2-3) (i) If X is a uniform‚ continuous random variable on the interval [a‚ b] and Y is a uniform‚ discrete random variable on the interval [k‚ l] where k and l are integers and k < l‚ then compute Pr [Z ≤ x] where Z = X + Y given that X and Y are independent. (ii) Suppose that the number N of pages in a fax transmission has a geometric probability distribution with mean 1/q = 4. The number K of bits per page also has a geometric
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What is meant by group? “The balance theory of Theodore Newcomb is a comprehensive theory of group formation.” Explain. Ans: A group may be defined as a collection of two or more people who work with one another regularly to achieve common goals. In a group‚ members are mutually dependent on one another to achieve common goals‚ and they interact with one another regularly to pursue those goals. Effective groups help organizations accomplish important tasks. In particular‚ they offer the potential
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Advantages And Disadvantages Of Theory X And Theory Y? Douglas McGregor’s Theory X and Theory Y have both their advantages and disadvantages‚ though many would prefer to call them their strengths and weaknesses. The biggest advantage of using Theory X and Theory Y is that they are easy to understand. In addition to this‚ they can help a manager to focus on his thoughts on the different ways in which individuals relate to and carry out work. Although the theories are not used explicitly today‚ due
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Systems and Scientific Theories Theories of OrgComm 10/12/09 Introduction Organizations have evolved in many different ways throughout history. On one spectrum of the different theories that are to be examined is the Scientific Management theory‚ which has its roots in early forms of organizations and uses a theme that is based on efficiency. The other theory that will be used to compare and contrast with Scientific Management will be Systems theory. These two different perspectives
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(PDI) model to our situation. The rules for a PDI game are simple; the two players can either cooperate (wash) or defect (not wash). The players can fully observe each other’s move to wash their dish or to not wash. They will move in sequential order where player one moves first and the second player observes the move (see fig. 1). Then the second player carries out a move. The strategy called tit-for-tat (t-f-t)‚ where player one cooperates on the first play and then does what the other player
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Grand Theory Written Assignment Natalia V. Hayes Maryville University Grand Theory Written Assignment In this assignment I will compare and contrast four theorists from one of each types of grand theories: Dorothea Orem from Needs theorists‚ Imogene King from Interaction theorists‚ Sister Callista Roy from Outcome theorists‚ and Jean Watson from Caring/Becoming theorists (as identified by Meleis‚ 2012). Then I will compare and contrast all four theorists within following: educational
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with amazing‚ influential theories for any nurse to integrate into their practice. Every nurse has had one or more theorists that they can relate to more than another throughout their profession. For this nurse‚ Sister Callista Roy’s Adaptation Model of Nursing and Dorothea Orem’s Self-Care Deficit Nursing Theory are two nursing theories that have made an impact in my practice. Within this paper‚ an understanding of each theory and a contrast and comparison of the two theories will be completed. Sister
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Theory of Demand Q. Distinguish between a normal goods & an inferior goods. Give examples in each case. Ans. Normal Goods are those in case of which a positive relationship between income & quantity demanded. Other things remains constant‚ quantity demanded increase in response to increase in income & vice versa. Inferior Goods are those in case of which there is negative relationship between income & quantity demanded. Other things remains constant‚ quantity demanded decreases
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