her expected utility U! Part I. Expected Utility (Lecture 1) A casino company offers a simple game which is described as follows: The prize of the game depends on two unbiased coins you toss. If both heads appear‚ you get $200. If both tails appear‚ you get $100. Otherwise‚ you get $150. 1. The company offers you a promotion as follows: A cash of $145 or a chance to win the prize of the coin game. Your utility function is U(W)= -1/W. What is your choice? What is the lowest cash offer that you are
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The Return of Martin Guerre History 3230: Early Modern Europe The Return of Martin Guerre is a reconstruction of the famous case of Martin Guerre’s return to the small town of Artigat in Southern France after being absent for eight years. However‚ "Martin" is actually an impostor named Arnaud du Tilh‚ or Pansette. He is accepted by his wife‚ family‚ and friends for over three years. After the so-called Martin Guerre has a dispute over family finances and the sale of some land that the family owns
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major barriers to entry into an industry. Explain how each barrier can foster either monopoly or oligopoly. Which barriers‚ if any‚ do you feel give rise to monopoly that is socially justifiable? LO1 The major barriers to entry in an industry are economies of scale‚ legal barriers such as patents & licenses and other strategic or pricing barriers. Economies of scale occur only in large firms who are able to reach a minimum efficiency scale point and operate at that point for a long period.
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of The Return of Martin Guerre finds its inception as a historical legal study of the day-to-day occurrences of the lives of peasants in sixteenth-century France. Natalie Zemon Davis crafts her account of the famous story from a historical perspective infused with her own psychological inferences‚ legal case studies‚ and factual details. Throughout her dissertation on the case of Martin Daguerre‚ Arnauld du Tilh‚ and Bertandre de Rols‚ Davis showcases a character analysis drawn on various primary
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Project portfolio management:- A competitive advantage for organizations now is doing the right projects and making sure that there are resources to complete those projects. Project Portfolio Management (PPM) is a set of business practices and a process that allows organizations to manage projects as a strategic portfolio‚ ensuring the alignment of programs and projects with organizational objectives. Executives need to regularly review entire portfolios and programs‚ determine why projects are
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Letter: Game of Pig Portfolio To play the game you need a regular 6-sided die. Each turn of the game consists of one or more rolls of the die. You keep rolling until you get a 1 or decide to stop. You may choose to stop rolling at any time. If you stop rolling before you get a 1 your score for that turn‚ your score is the sum of all of the numbers you rolled that turn (e.g. if you roll a 4‚ 6‚ 3‚ and 2 your score is 15 pts.). But‚ if you roll a 1 in that turn your turn is over and you receive 0 pts.
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In life‚ many tough decisions will be encountered and the amount of support you receive from others can greatly impact your final choice and feelings toward it. Considering different backgrounds and life situations‚ support may be a help or a hinderance. During Tim O’Brien’s On the Rainy River and Ngugi wa Thiong’o’s The Return‚ both of the main characters need to make a tough decision. These decisions don’t come easy. Although Tim and Kamau receive different degrees of support‚ both of them are
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INTERNAL RATE OF RETURN Many companies wants to have a return on their investment in a few years and begin to evaluate their projects optimistically calculating an internal rate of real return not yielding results in the end. This does not end up being expected by the companies; According to the article the authors John C. Kelleher and Justin J. MacCormack . They suggest that there is a tendency to a risky behavior‚ Companies started to run the risk of creating unrealistic numbers for themselves
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Fixed-Income Analysis Lectures 8 and 9: Active Bond Portfolio Strategies Joëlle Miffre 1 Active Bond Portfolio Strategies Market Timing: Trading on Interest Rate Predictions Riding the Yield Curve Timing Bets Based on Interest-Rates Level When Rates are Expected to Decrease When Rates are Expected to Increase: Roll-Over Strategies Bets on Specific Moves of the Yield Curve Barbell‚ Bullet‚ Ladder‚ Butterfly Other Semi-Hedged Strategies: Ladder Hedged against Slope Movement
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artist portfolio is a vital component to becoming successful. Potential clients need to see a portfolio for two reasons. First and foremost‚ clients need to see your previous work in order to know what you’re capable of in terms of skill. Secondly‚ clients feel more comfortable working with a makeup artist that has some previous experience working on actual clients/models‚ it gives them peace of mind. While you know that building a portfolio is necessary in order to land work‚ how exactly do you go about
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