ECO 550 WEEK 1 DQ NEW

ECO 550 WEEK 1 DQ NEW

 

 

 

ECO 550 Week 1 DQ NEW

 

“Post Investment Hold-Up”

Probably the most important source of capital is human capital. For example, most medical doctors spend years learning to practice medicine. Doctors are willing to make large investments in their human capital because they expect to be compensated for doing so when they begin work. In Canada, the government nationalized the healthcare system and reduced doctors’ compensation. Is this a form of post-investment hold-up?

 

 

 

ECO 550 Week 1 DQ NEW

 

“Post Investment Hold-Up”

Probably the most important source of capital is human capital. For example, most medical doctors spend years learning to practice medicine. Doctors are willing to make large investments in their human capital because they expect to be compensated for doing so when they begin work. In Canada, the government nationalized the healthcare system and reduced doctors’ compensation. Is this a form of post-investment hold-up?

 

 

 

https://hwacer.com/Tutorial/eco-550-week-1-dq-new/

 

 

 

 

 

 

 

 

ECO 550 Week 1 DQ NEW

 

“Post Investment Hold-Up”

Probably the most important source of capital is human capital. For example, most medical doctors spend years learning to practice medicine. Doctors are willing to make large investments in their human capital because they expect to be compensated for doing so when they begin work. In Canada, the government nationalized the healthcare system and reduced doctors’ compensation. Is this a form of post-investment hold-up?

 

 

 

ECO 550 WEEK 2 DQ NEW

ECO 550 WEEK 2 DQ NEW

 

 

ECO 550 Week 2 DQ NEW

 

“Economies of Scale and Scope”

Describe activities in your organization or other organizations that result in economies of scale and economies of scope. Explain the economic benefits of these activities for the organization.

 

“Economies of Scale and Scope”

Describe activities in your organization or other organizations that result in economies of scale and economies of scope. Explain the economic benefits of these activities for the organization.

 

“Economies of Scale and Scope”

Describe activities in your organization or other organizations that result in economies of scale and economies of scope. Explain the economic benefits of these activities for the organization.

 

 

 

 

https://hwacer.com/Tutorial/eco-550-week-2-dq-new/

 

 

 

 

 

 

 

ECO 550 Week 2 DQ NEW

 

“Economies of Scale and Scope”

Describe activities in your organization or other organizations that result in economies of scale and economies of scope. Explain the economic benefits of these activities for the organization.

 

“Economies of Scale and Scope”

Describe activities in your organization or other organizations that result in economies of scale and economies of scope. Explain the economic benefits of these activities for the organization.

 

“Economies of Scale and Scope”

Describe activities in your organization or other organizations that result in economies of scale and economies of scope. Explain the economic benefits of these activities for the organization.

 

ECO 550 WEEK 3 DQ NEW

ECO 550 WEEK 3 DQ NEW

 

 

ECO 550 WEEK 3 DQ NEW

 

Monopolies and New Entrants”

 

Snack food venders and beer distributors earn some monopoly profits in their local markets but see them slowly erode from various new substitutes.

When California voted on legalizing marijuana, which side would you think that California beer distributors were on? What about snack food vendors? Why?

 

 

 

ECO 550 WEEK 3 DQ NEW

 

Monopolies and New Entrants”

 

Snack food venders and beer distributors earn some monopoly profits in their local markets but see them slowly erode from various new substitutes.

When California voted on legalizing marijuana, which side would you think that California beer distributors were on? What about snack food vendors? Why?

 

 

 

ECO 550 WEEK 3 DQ NEW

 

Monopolies and New Entrants”

 

Snack food venders and beer distributors earn some monopoly profits in their local markets but see them slowly erode from various new substitutes.

When California voted on legalizing marijuana, which side would you think that California beer distributors were on? What about snack food vendors? Why?

 

 

 

ECO 550 WEEK 3 DQ NEW

 

Monopolies and New Entrants”

 

Snack food venders and beer distributors earn some monopoly profits in their local markets but see them slowly erode from various new substitutes.

When California voted on legalizing marijuana, which side would you think that California beer distributors were on? What about snack food vendors? Why?

 

 

 

 

https://hwacer.com/Tutorial/eco-550-week-3-dq-new/

 

 

 

 

 

 

 

 

 

ECO 550 WEEK 4 DQ NEW

ECO 550 WEEK 4 DQ NEW

 

 

 

ECO 550 WEEK 4 DQ NEW

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

ECO 550 WEEK 4 DQ NEW

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

 

 

 

 

https://hwacer.com/Tutorial/eco-550-week-4-dq-new/

 

 

 

 

 

ECO 550 WEEK 4 DQ NEW

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

Five Forces”

 

Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.

Is this an attractive industry? Why or why not?

 

 

ECO 550 WEEK 5 DQ NEW

ECO 550 WEEK 5 DQ NEW

 

 

 

ECO 550 WEEK 5 DQ NEW

 

Does your company use price discrimination? Explain how the practice works of direct and indirect price discrimination works and estimate the effect of price discrimination on profits compared to charging a flat price.

If your company doesn’t currently use price discrimination, are there opportunities to use this pricing technique?

How would you design the scheme?

 

 

ECO 550 WEEK 5 DQ NEW

 

Does your company use price discrimination? Explain how the practice works of direct and indirect price discrimination works and estimate the effect of price discrimination on profits compared to charging a flat price.

If your company doesn’t currently use price discrimination, are there opportunities to use this pricing technique?

How would you design the scheme?

 

 

 

 

 

https://hwacer.com/Tutorial/eco-550-week-5-dq-new/

 

 

 

 

 

ECO 550 WEEK 5 DQ NEW

 

Does your company use price discrimination? Explain how the practice works of direct and indirect price discrimination works and estimate the effect of price discrimination on profits compared to charging a flat price.

If your company doesn’t currently use price discrimination, are there opportunities to use this pricing technique?

How would you design the scheme?

 

ECO 550 WEEK 5 DQ NEW

 

Does your company use price discrimination? Explain how the practice works of direct and indirect price discrimination works and estimate the effect of price discrimination on profits compared to charging a flat price.

If your company doesn’t currently use price discrimination, are there opportunities to use this pricing technique?

How would you design the scheme?

 

 

 

 

ECO 550 WEEK 6 DQ NEW

ECO 550 WEEK 6 DQ NEW

 

 

ECO 550 WEEK 6 DQ NEW

 

Sequential-Move Game Strategy”

In the text, we considered a sequential-move game in which an entrant was considering entering an industry in competition with an incumbent firm (Figure 15-1). Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a loss of 1 for the entrant and a gain of 8 for the incumbent), or staying (at a loss of 5 for each player).

 

 

 

What is the equilibrium of this game?

Discuss if the entrant is better off with or without the ability to withdraw.

 

 

 

 

https://hwacer.com/Tutorial/eco-550-week-6-dq-new/

 

 

 

 

 

 

ECO 550 WEEK 6 DQ NEW

 

Sequential-Move Game Strategy”

In the text, we considered a sequential-move game in which an entrant was considering entering an industry in competition with an incumbent firm (Figure 15-1). Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a loss of 1 for the entrant and a gain of 8 for the incumbent), or staying (at a loss of 5 for each player).

What is the equilibrium of this game?

Discuss if the entrant is better off with or without the ability to withdraw.

 

 

ECO 550 WEEK 6 DQ NEW

 

Sequential-Move Game Strategy”

In the text, we considered a sequential-move game in which an entrant was considering entering an industry in competition with an incumbent firm (Figure 15-1). Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a loss of 1 for the entrant and a gain of 8 for the incumbent), or staying (at a loss of 5 for each player).

What is the equilibrium of this game?

Discuss if the entrant is better off with or without the ability to withdraw.

ECO 550 WEEK 6 DQ NEW

 

Sequential-Move Game Strategy”

In the text, we considered a sequential-move game in which an entrant was considering entering an industry in competition with an incumbent firm (Figure 15-1). Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a loss of 1 for the entrant and a gain of 8 for the incumbent), or staying (at a loss of 5 for each player).

What is the equilibrium of this game?

Discuss if the entrant is better off with or without the ability to withdraw.

 

ECO 550 WEEK 7 DQ NEW

ECO 550 WEEK 7 DQ NEW

 

 

ECO 550 WEEK 7 DQ NEW

 

Type I and II Decision Error Costs 

The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise. For each applicant, the HR manager gathers information by trying to verify various claims on resumes, but some doubt about fit always lingers when a decision to hire or not is to be made.

  • What are the Type I and II decision error costs?
  • Which decision error is more likely to be discovered by the CEO?
  • How does this affect the HR manager’s hiring decisions?

 

 

Type I and II Decision Error Costs 

The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise. For each applicant, the HR manager gathers information by trying to verify various claims on resumes, but some doubt about fit always lingers when a decision to hire or not is to be made.

  • What are the Type I and II decision error costs?
  • Which decision error is more likely to be discovered by the CEO?
  • How does this affect the HR manager’s hiring decisions?

 

 

 

ECO 550 WEEK 8 DQ NEW

ECO 550 WEEK 8 DQ NEW

 

 

 

ECO 550 WEEK 8 DQ NEW

 

Adverse Selection and Moral Hazard”

 

Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material.

Why dont police departments increase their applicant pool by dropping this requirement?

 

Adverse Selection and Moral Hazard”

 

Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material.

Why dont police departments increase their applicant pool by dropping this requirement?

 

 

 

https://hwacer.com/Tutorial/eco-550-week-8-dq-new/

 

 

 

 

 

 

 

 

ECO 550 WEEK 8 DQ NEW

 

Adverse Selection and Moral Hazard”

 

Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material.

Why dont police departments increase their applicant pool by dropping this requirement?

 

Adverse Selection and Moral Hazard”

 

Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material.

Why dont police departments increase their applicant pool by dropping this requirement?

 

 

 

 

ECO 550 WEEK 8 DQ NEW

 

Adverse Selection and Moral Hazard”

 

Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material.

Why dont police departments increase their applicant pool by dropping this requirement?

 

Adverse Selection and Moral Hazard”

 

Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material.

Why dont police departments increase their applicant pool by dropping this requirement?

ECO 550 WEEK 9 DQ NEW

ECO 550 WEEK 9 DQ NEW

 

 

 

 

ECO 550 Week 9 DQ NEW

 

“Working in the Firms Best Interest”

Each year, public schools are rewarded with bigger budgets for achieving a rating of excellent or recommended” and are punished for rating needs improvement.” These ratings are based on meeting thresholds on a broad set of measures such as attendance rates, graduation rates, standardized test scores, SAT scores, and so on.

Discuss the incentives for school principals (who are the agents, in this case) under this scheme and how you might improve them.

 

“Working in the Firms Best Interest”

Each year, public schools are rewarded with bigger budgets for achieving a rating of excellent or recommended” and are punished for rating needs improvement.” These ratings are based on meeting thresholds on a broad set of measures such as attendance rates, graduation rates, standardized test scores, SAT scores, and so on.

Discuss the incentives for school principals (who are the agents, in this case) under this scheme and how you might improve them.

 

 

 

 

https://hwacer.com/Tutorial/eco-550-week-9-dq-new/

 

 

 

 

 

 

 

ECO 550 Week 9 DQ NEW

 

“Working in the Firms Best Interest”

Each year, public schools are rewarded with bigger budgets for achieving a rating of excellent or recommended” and are punished for rating needs improvement.” These ratings are based on meeting thresholds on a broad set of measures such as attendance rates, graduation rates, standardized test scores, SAT scores, and so on.

Discuss the incentives for school principals (who are the agents, in this case) under this scheme and how you might improve them.

 

“Working in the Firms Best Interest”

Each year, public schools are rewarded with bigger budgets for achieving a rating of excellent or recommended” and are punished for rating needs improvement.” These ratings are based on meeting thresholds on a broad set of measures such as attendance rates, graduation rates, standardized test scores, SAT scores, and so on.

Discuss the incentives for school principals (who are the agents, in this case) under this scheme and how you might improve them.

 

 

ECO 550 WEEK 10 DQ NEW

ECO 550 WEEK 10 DQ NEW

 

 

 

ECO 550 Week 10 DQ NEW

 

Loyalty Payments”

 

Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel instead of rival AMD. AMD sued Intel under the antitrust laws, and Intel settled the case by paying $1.25 billion to AMD.

What incentive conflict was being controlled by these loyalty payments?

What advice did Intel ignore when they adopted this practice?

Why did they ignore it?

 

 

Loyalty Payments”

 

Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel instead of rival AMD. AMD sued Intel under the antitrust laws, and Intel settled the case by paying $1.25 billion to AMD.

What incentive conflict was being controlled by these loyalty payments?

What advice did Intel ignore when they adopted this practice?

Why did they ignore it?

 

 

 

 

 

https://hwacer.com/Tutorial/eco-550-week-10-dq-new/

 

 

 

 

 

ECO 550 Week 10 DQ NEW

 

Loyalty Payments”

 

Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel instead of rival AMD. AMD sued Intel under the antitrust laws, and Intel settled the case by paying $1.25 billion to AMD.

What incentive conflict was being controlled by these loyalty payments?

What advice did Intel ignore when they adopted this practice?

Why did they ignore it?

 

 

Loyalty Payments”

 

Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel instead of rival AMD. AMD sued Intel under the antitrust laws, and Intel settled the case by paying $1.25 billion to AMD.

What incentive conflict was being controlled by these loyalty payments?

What advice did Intel ignore when they adopted this practice?

Why did they ignore it?