Labor markets, unemployment rates, workforce demographics and financial markets are examples of negotiation: Issues. Resources. Constraints. Context. 2. The zone of possible agreement (ZOPA) is the range between: Your BATNA and your opening offer. Your resistance points. Your BATNA and the other party's
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Issues.
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Constraints.
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Context.
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Your BATNA and your opening offer.
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Your resistance points.
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Your BATNA and the other party's opening offer.
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Your resistance point and the other party's resistance point.
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- In bargaining without impatience, explain how the number of bargaining rounds and who makes the first offer affect the final outcome.H was in need of money because he has 10 dogs to feeds. To get more money, he was able to buy from a supplier 100 grams of shabu. On the day of the delivery of the shabu, the supplier did not come. May H compel the supplier to perform his duty of delivering the shabu? A. Yes. As a buyer, one of the remedies available is to compel the seller to deliver the object agreed upon. B. Yes. All the elements of the contract of sale are present. Therefore, the buyer has the right to demand from the supplier to fulfill his promise. C. No. The object of the contract of sale is illegal so there is no contract of sale between H and the supplier. D. No. The supplier was not identified in the contract of sale so H cannot demand anything from an unknown supplier.The individual production points on each person's production possibilities frontier represent their _____. Question 2 options: final endowment initial endowment initial potential endowment final potential Which of the following is true about the Multi-Fiber Agreement? Question 3 options: It specified quotas on textile exports from all major exporting countries to all major importing countries. It had been renewed periodically throughout the 1970s but completely phased out by the 1980s. It resulted from a multilateral negotiation between five primary textile exporting countries. It was renamed as the Agreement on Textiles and Clothing (ATC) during the Doha Round of discussions. It eliminated both tariffs as well as quotas leading to a free trade in textiles. The following are…
- Question 4 The Lahore Metro Bus is crowded for travel during peak hours. During such travel hours two daily passengers ‘Ali’ and ‘Hassan’ enter the Metro. Luckily, two adjacent seats are free in the bus. Each of them must decide whether to sit or stand. For both, sitting alone is more comfortable than sitting next to the other person, which in turn is more comfortable than standing.(Note: for all parts below consider Ali as ‘row player’ and Hassan as ‘column player’). Show ALL steps and working in support to your answersa) Assume that both ‘Ali’ and ‘Hassan’ are altruistic, ranking outcomes according to the other person’s comfort and, out of politeness, prefer to stand than to sit if the other person stands. Model the situation as a strategic game b) Find any Nash equilibrium (equilibria) if it exists. c) Does a dominant strategy exist for either ‘Ali’ or ‘Hassan’ with these preferences?Goal Alignment between Airlines and Flight Crews Planes frequently push back from the gate on time, but then wait 2 feet away from the gate until it is time to queue up for take-off. This increases fuel consumption, and increases the time that passengers must sit in a cramped plane awaiting take-off. Why does this happen?CHOOSE THE CORRECT ANSWER, NO FURTHER EXPLANATION IS NEEDED Freeconomics refers to: A) The fact that good platforms should be free. B) The fact that we are getting used to free services in the digital world. C) None of the above. 2. Data Trading: A) Is necessarily based on a monetary transaction. B) Is based on Client-as-a-Target strategy. C) Is based on a Client-as-a-Source strategy. 3. Data-Driven Epiphany is a concept that refers to: A) The process that explains many of the cases saw in the MOOC. B) A structured process to have brilliant ideas from data. C) None of the above 4. Value sharing: A) Is emerging as a critical topic since platforms are becoming huger and huger. B) Is one of the elements of the platform DNA. C) None of the above. 5. The Data Board is: A) A tool that can support the identification of Orthogonal players. B) A tool to read the KPIs of orthogonal platforms. C) None of the above.
- 6 Consider the following policy game. The house of representatives (player 1) can propose a new federal minimum wage of x ∈ [10, 20]. The senate (player 2) can either accept the proposal or reject it and maintain the current level. After player 1 proposes x, player 2 observes the proposal and decides whether to accept or reject it. If proposal x is accepted then payoffs are u1(x) = 5+x for player 1 and u2(x) = 20−x for player 2. If player 2 rejects the proposal then both players get a payoff of 7.25. ( a) Draw the game tree. How many subgames does it have? Give an example of a strategy of each player. (b) Find a subgame perfect equilibrium of this game. Is it unique?Lenin's idea that "_the whole of society will have become one office and one factory_" is unrealistic because ... a. ... transaction costs begin to increase after a threschold firm size. b. ... transaction costs are smaller in firms than on the market. c. ... because specialization can increase a worker's output dramatically. d. ... because of the tragedy of the commons. e. ... because the Coase theorem only holds if there are no transaction costs. f. ... marginal transaction costs are concave in firm size. g. ... people are self-interested. h. ... the price mechanism is always superior to central coordination.Please see question bellow and 1st answer. Please help with the 2nd part of the question. What kind of incentives would help with the problem? The black rhino is one of the most endangered species on the planet. In southern Africa in 1970 there were 65,000 Black Rhinos. Now there are only 2,500. Basic economics tells us why they are in trouble and what we can try to do about it. Why do people kill the black rhino? Because they can make a lot of money relative to the risk of getting caught - just like drug trafficking and lying on your taxes. In Asian communities the horn is viewed as an aphrodisiac and a powerful pain reliever. In Yemen sabers are made from them. As a result one horn can fetch $30K on the black market. The average yearly income in southern Africa is $1,000 and falling. The black rhino is worth more dead than alive. This is a market that does not correct itself. Another piece of this, that is common to many environmental challenges, is that most black rhinos are…
- Your student group is setting up an internship fair. You invite companies looking for interns and students looking for internships and offer them a place to connect. The internship payment is determined as if the fair was a market. Your university wants to encourage this event and offers you an internship subsidy. Whom do you recommend they give the subsidy to?--the students, the companies, both? How much of a subsidy would you recommend?Demand and supply are both specified as functions of price, ruling out other extraneous influences like obligation and government commands. How does this joint dependency enhance market efficiency, compared with relying on direct binary negotiation?Kindly assist with the above two questions. 1. The market equilibrium as self-regulating in the economy , which producers and consumers are setting price for mutual balance benefits of profit and product quantity satisfaction also refer to... a) price stability b) speculation gambling for profit by limiting supply and increased demand. c) Cartel as price agreement among large corporations for mutually protected profits. d) Collusion where suppliers instead of competition that will increase their mutual cost , they agreed on mutual beneficial price. 2. It is a requirement for a country desiring to participate in the regional economic integration to develop its local economy through free trade of affordable products at the market equilibrium of stable prices , without surplus and shortage shortage, where the member countries economy is mutually protected.. a) third world debt crisis b) state capitalism of government crony c) common external tariff d) business monopoly and cartel