Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sitting next to the other person, which is more comfortable than standing. Suppose that each person cares only about her own comfort. Model the situation as a strategic game. Find its Nash equilibrium (equilibria?).
There exist only one pure strategy Nash equilibrium (sit, sit) and the argument is same as that of Prisoner’s Dilemma discussed in theory.
The term Gross Working Capital is known as:
What does the term "capital structure" refer to in the context of corporate finance?
_____is the new maximum limit for retirement and death gratuity as revised by the Government of India.
Under what conditions can an infrastructure project loan be classified as a Non-Performing Asset (NPA) before the commencement of commercial operations ...
What do GFCs offer to importers, exporters, and other international trade participants?
What duties are taxes on intra-State supplies?
Which among the following can result into the difference in the cash and the pass book balance:
The Economic Survey 2023 projects a baseline GDP growth of ________ in real terms in FY24.
The REER is used to measure the value of a specific currency in relation to an average group of major currencies. What does REER stand for?
Which one of the following statements is true Cooperative Banking?