Game theory

------------------------------------------------- Written Case Decision Analysis ------------------------------------------------- GE‘s Imagination Breakthrougs: The Evo Project The case GE´s Imagination Breakthroughs: The Evo Project is a really interesting case, it talks about the dramatic change that the company General Electric had to face in order to grow, and the process that the CEO had to pass in his first years in charge of the company. It also takes us in the quest of understanding

Circadian Inhibition of Neuroplasticity The research article that I have chosen for this paper is called “Age-Related Changes in Decision Making: Comparing Informed and Noninformed Situations”. This research study was conducted Anna C. K. Van Duijvenvoorde, Brenda R. J. Jansen, Joren C. Bredman, and Hilde M. Huizanga, who all had attended the University of Amsterdam in the Netherlands. This report article falls under the Journal of Developmental Psychology, which was published in 2012. The article

Difficulty: Easy 16) The minimum guaranteed amount you are willing to accept to avoid the risk associated with a gamble is referred to as the ________. A) risk premium B) certainty equivalent C) EVPI D) EMV E) EVSI Answer: B Page Ref: 346 Topic: Utility Theory Difficulty: Easy 17) The EMV that a person is willing to give up in order to avoid the risk associated with a gamble is referred to as the ________.

PART A – Linear Programming 1 a) Linear Programing Model Decision Variables: Let x = acres of watermelon Let y = acres of cantaloupe Objective Function: Maximize Z = 390x + 1300y – 5(20x + 15y) + 5(2x + 2.5y) = 270x + 300y – 100x + 75y + 10x + 12.5y = 256x + 284.5y where Z = total profit 390x = profit from watermelons 1300y = profit from cantaloupe 5(20x + 15y) = cost of fertilizer

• Get workers to work more efficiently together. • Departments start communicating better. How do we do that? • Break down barriers between Staff • Close the gap between top management and workers • Motivate staff to perform better • Increase Productivity I am very much looking forward to our Leadership team offsite at which we will have the extended leadership in attendance for one of the days. There is much for us to discuss and rather than requesting you undertake a lot of pre-work I wanted to

------------------------------------------------- Executive Summary This report analyses Oceanview Development Corporation’s decision in submitting a bid to purchase property that will be sold by a sealed bid. The findings and insights were based on the use of the expected value approach while taking into consideration the risk analyses of the selected recommendations. Comparing the expected values in both cases when market research is employed as well as when it is not employed, the optimum

International University IU QUANTITATIVE METHODS FOR BUSINESS (FALL 2013) SAMPLE TEST MIDTERM EXAMINATION PART 01: MULTIPLE CHOICE QUESTIONS (20 POINTS) 1. (1 pt) Given the following two-person game, which strategy can be eliminated by use of dominance? Y1 Y2 13 0 X2 6 8 X3 12 14 a. X2 c. Y2 b. Y1 e. X1 d. X3 The following payoff table is using for next 6 questions. 2. (1 pt) What decision would an optimist make? a. Alternative 1 c. State of

The topic that I have chosen regarding Bryan Caplan’s book is the topic of rational ignorance. Bryan Caplan defines rational ignorance as a voter’s belief that one vote has a small probability of changing the outcome of an election. Several voters are rationally ignorant, myself included, which after reading The Myth of the Rational Voter: Why Democracies Choose Bad Policies I have to ask myself why even vote at all other than it is considered by some to be a civic duty. If voters are so ignorant

Organizations are groups of people working together to achieve a common goal. The organizations theories correlate together in order for organizations to sustain functionality. In all organizations there is a common unit of power that directs the organization toward a common goal. Within the Department of Health and Human Resources, the source of power is the commissioner, and the direction of the department is to have zero child fatalities and maintain safety of children. The classical model

Selective perception is an aspect that influence decision making corresponding to the hypothesis of Hastorf and Cantrill which states that out of all the occurrences going on in the environment, people will choose those that is important to them in their own egocentric perception. Specifically, in the study of escalation of commitment Biyalogorsky, Boulding, and Staelin established that one of the most influential drivers of intensification is biased belief updates. In the investigation, students