3. Question 3 In the Polya Process, what are the odds of picking twenty red balls in a row? (Assume you start with one red ball and one blue ball…
2. Question 2 In the Balancing Process, what is the probability of drawing a red ball on each of your first two draws? (Assume you start with one red ball…
1. Question 1 In the Polya Process, what is the probability of drawing a blue ball on each of your first two draws? (Assume that you start with one blue…
8. Question 8 Assume culture is determined by 3 dimensions, each with 2 possible traits: Dimension 1: Greeting – players can wave or bow; Dimension 2: Volume of speech –…
10. Question 10 Do we always coordinate on the best action? 1 point No Yes
9. Question 9 If small errors can occur in a culture that is otherwise consistent and coordinating, which model allows us to find an equilibrium where there is some heterogeneityheterogeneity…
7. Question 7 Let’s assume that a Leader and a Follower meet. Four of their dimensions are measured on a scale of 1-9. Leader: 7, 3, 2, 1 Follower: 5,…
6. Question 6 True or False: Coordination tends to be a measurable difference – in which no one is better off not coordinating – whereas Standing Ovation tends to be…
5. Question 5 A firm has twenty offices. Employees can choose whether to wear suits or casual clothes. However, it turns out that people tend to feel more comfortable if…
4. Question 4 Daria has e-mails arrive every day in random amounts. She answers exactly four e-mails every day, unless her inbox is empty. Can you put a Lyapunov Function…
