Spring 2013 Assignment Solution 0-Sum Games 2 1. Reduce by dominance to 2x2 games and solve. 5 4 4 3 (a) 0 1 1 2 1 0 2 1 4 3 1 2 10 0 7 1 (b) 2 6 4 7 6 3 3 5 Solution: (a). Column 2 dominates column 1; then row 3 dominates row 4; then column 4 dominates column 3; then row 1 dominates row 2. The resulting submatrix consists of row 1 and 3 vs. columns 2 and 4. Solving this 2 by 2 game and moving back to the original game we find that value is 3/2‚ I’s optimal
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In Chinese online game market‚ there are two normal price strategies‚ Charging and Free. The Charging means that the customers need to pay for the game. They need to buy the game client or pay for the playing time (for example: RMB30 for 4000minits or RMB90 for 1month). The Free means that the customers can play the basic game for free. And they can buy some items in the shop on the official website or directly in the game store. The two players I picked for this analysis are World of Warcraft
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The New Cola Wars: Coca-Cola Still Number One Coca-Cola has long been a world leader in cola products‚ with Pepsi being the only competitor coming even remotely close to removing them from their number one spot. However‚ with increasing globalization comes increasing fear that the success of domestic products may falter. In turn‚ this results in an increase in domestic producers of similar products in an effort to increase domestic success and limit control of foreign
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Rhetorical Analysis 10/13/14 Comp I 1113 “The Big Game” Every February millions of people turn on their HD televisions to watch the Super Bowl‚ surrounded by friends‚ family‚ and nachos. Millions participate in this American tradition for the pure enjoyment of the game while others do so for the groundbreaking commercials. This year‚ Coca Cola produced a controversial one and a half minute commercial that aired during the Super Bowl XL VIII. Coke’s “Big Game” commercial has “America the Beautiful” sung
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ECON 3311 – Fall 2012 Extra Credit Homework – Game Theory 1. What is the Nash equilibrium in the following game? 2. Does the following game have a Nash equilibrium? Does it have more than one Nash equilibrium? If so‚ what are they? 3. Coca-Cola and Pepsi are competing in the Brazilian soft-drink market. Each firm is deciding whether to follow an aggressive advertising strategy‚ in which the firm significantly increases its spending on media and billboard advertising over
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9-711-462 REV: MAY 26‚ 2011 DAVID B YOFFIE RENEE KIM Cola Wars Contiinue: Coke C an nd Pepsi in 20110 oke and Pepsi vied for “t hroat share” o of the world’ss beverage m market. For more than a century‚ Co The most intense battles in the so-called colla wars weree fought over the $74 billio on carbonated soft drink (CSD) industry in the Un nited States.1 In a “carefu ully waged co ompetitive strruggle” that llasted from 1975 through the mid-199 90s‚ both Cok ke and Pepsi achieved average annual
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products that go head to head. Coca Cola and Pepsi are an example of such reveries. There has been many taste test and competitions that involved the soda kings. This reverie has been going on for over a century. (See appendix 1) The start of this long standing soda war began 1886 when creator John S. Pemberton developed the original recipe for Coke. Then 13 years later Pepsi creator pharmacist Caleb Bradham developed his formula. By this time Coca-Cola was already fulfilling order that totaled
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CHAPTER 1 SOLUTIONS TO PROBLEMS 1.1 (i) Ideally‚ we could randomly assign students to classes of different sizes. That is‚ each student is assigned a different class size without regard to any student characteristics such as ability and family background. For reasons we will see in Chapter 2‚ we would like substantial variation in class sizes (subject‚ of course‚ to ethical considerations and resource constraints). (ii) A negative correlation means that larger class size is associated
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thinks about how Coca-cola and Pepsi begun in the soft drinks industry‚ and how this two industries was competing each other over 100 years? In that case we need to study and know about the history of these two industries‚ first we need to know its origin; the coke was invented by a pharmacist John Pemberton came from Atlanta in 1986. Pepsi was also created by a pharmacist named Caleb Bradham that is came from New Bern‚ North Carolina; Pepsi was invented in the year 1898. Coca-cola begins on business
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Cola Wars Compare the economics of the concentrate business to that of the bottling business: Why is the profitability so different? The returns received by concentrate producers differ from those received by bottlers for several reasons … Concentrate producers: Capital investment. Concentrate production business is less capital intensive than bottling. It requires less funds to be invested in machinery‚ labor and modernization. "A typical concentrate manufacturing plant cost about $25 million
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