1. Producer Theory 1. Technology yi =input of good i, y =output of good i, i= yi-yi=net output, y yn) is a production plan Production possibility set Y=technologically feasible production plans yE Rn) y E Y is technologically efficient if there is no yE Y s.t. y>y
Unit 4 The american character i I Objective Aware of the fac tors that cause America' s diversity in life pattern Figuring out a general pattern of American personality Learning about Newspaper lead
Ⅱ. Listening skills Listening for People' s Food Preferences 1. M: Jenny, the main courses here are steak, chicken or fish. Each comes with rice. So, what looks good to you? W: Gee, I had chicken last night, and I often eat fish for dinner. Maybe I'll have steak
Introduction The purpose of this lecture is to help you familiarize with the workings of sequential equi- librium and\sequential equilibrium lite\, i.e. perfect Bayesian equilibrium The main focus is the \reputation\result of Kreps and Wilson(1982). You should refer to OR for details and definitions: I am following the textbook quite closely We have already mentioned the Entry Deterrence game. Now consider a K-fold repetition