True/False and Briefly explain in 3 sentences or less and/or graphs. a. (3pts) Under the Beta-Delta Model, preferences w
Posted: Tue Apr 26, 2022 10:47 am
True/False and Briefly explain in 3 sentences or less and/or
graphs.
a. (3pts) Under the Beta-Delta Model, preferences will be
time-consistent if an individual’s delta remains steady over
time.
b. (3pts) Statistical discrimination is always the “good” form
of discrimination
c. (3pts) It is always possible to coordinate on a 2-player
prisoner’s dilemma game over a long but finite time horizon.
d. (3pts) Assume “ideal point” preferences over 2
dimensions for voters in a population. Consider a series of binary
votes over different policies on those 2 dimensions. The most
efficient policy (in terms of minimum “distance” away from the
voters) will always result in the end.
e. (3pts) Public goods are often under-provided because there is
little incentive for individuals to report their true willingness
to pay for the good.
graphs.
a. (3pts) Under the Beta-Delta Model, preferences will be
time-consistent if an individual’s delta remains steady over
time.
b. (3pts) Statistical discrimination is always the “good” form
of discrimination
c. (3pts) It is always possible to coordinate on a 2-player
prisoner’s dilemma game over a long but finite time horizon.
d. (3pts) Assume “ideal point” preferences over 2
dimensions for voters in a population. Consider a series of binary
votes over different policies on those 2 dimensions. The most
efficient policy (in terms of minimum “distance” away from the
voters) will always result in the end.
e. (3pts) Public goods are often under-provided because there is
little incentive for individuals to report their true willingness
to pay for the good.