Does grading in courses involve an incentive compatibility problem?
Question:
Does grading in courses involve an incentive compatibility problem?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Yes it does The goal of college is gener...View the full answer
Answered By
Joseph Ogoma
I have been working as a tutor for the last five years. I always help students to learn and understand concepts that appears challenging to them. I am always available 24/7 and I am a flexible person with the ability to handle a wide range of subjects.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
importance of workalike balance for women as a leader in healthcare. 1. The purpose of the research; 2. Research question/s; 3. Findings and relevant data; 4. Any recommendations and; 5. The...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
In Boolean algebra, the bar sign (-) indicates: Select one: a. NOT operation b. AND operation C. OR operation d. All of the mentioned
-
A person weighs 685 N in air but only 497 N when standing in water up to the hips. Find (a) The volume of each of the person's legs and (b) The mass of each leg, assuming they have a density that is...
-
As you hold your leg in this position, the upper leg exerts a force on the lower leg at the knee joint. What is the direction of this force? A. Up B. Down C. Right D. Left Use the information in the...
-
What would happen to the SML graph in Figure 8.8 if expected inflation increased or decreased? Figure 8.8 268 269 270 271 272 273 274 275 A Required Rate of Return TH-13.0% SML: r, RF+RPM * b D E F H...
-
On June 30, 2009, Mischa Auer Company issued $4,000,000 face value of 13%, 20-year bonds at $4,300,920, a yield of 12%. Auer uses the effective interest method to amortize bond premium or discount....
-
Let X be a binomial random variable with the probability distribution f(x) shown below. Find the probability distribution of the random variable Y=x. f(x)= Bere 3-x x=0,1,2,3 elsewhere Complete the...
-
Why did economists work in mechanism design lead to a greater interest in behavioral economics?
-
How does a shadow price differ from a normal price?
-
On Fig. 10.4, identify and define a lateral moraine.
-
Trexon plc is a major oil and gas exploration business that has most of its operations in the Middle East and South-East Asia. Recently, the business acquired rights to explore for oil and gas in the...
-
Describe how foreign currency options can be used for hedging in the situation so that (a) ImportCo is guaranteed that its exchange rate will be less than 1.4600, and (b) ExportCo is guaranteed that...
-
A stock index currently stands at 350 . The risk-free interest rate is \(8 \%\) per annum (with continuous compounding) and the dividend yield on the index is \(4 \%\) per annum. What should the...
-
Refer to Exercise 12-22. 1. Calculate the amount and cost of (a) unused manufacturing capacity and (b) unused selling and customer-service capacity at the beginning of 2013 based on actual production...
-
When you open a can of soda (or beer), compressed CO2 expands irreversibly against the atmosphere as it bubbles up through the drink. Assume that the process is adiabatic and that the CO2 has an...
-
(a) What is the average value of a function f on an interval [a, b]? (b) What does the Mean Value Theorem for Integrals say? What is its geometric interpretation?
-
Establish identity. cos( + k) = (-1)k cos , k any integer
-
Using a pair of graphs like those in Figure 10.10, illustrate a situation in which the United States would be an exporter of the good in question, and identify the equilibrium.
-
If bad weather causes the supply of sugar in RoW to fall, how will this affect the U. S. market if the import quota described by Figure is in place? Does this explain why the U. S. and world prices...
-
Explain how an excise tax levied on a constant- cost industry produces a deadweight loss. Use a graph to show the loss in consumer and producer surplus from the excise tax. Is the loss in total...
-
What is, according to Thomas Mun, the ordinary way for a Kingdom (which does not have mines) to increase its wealth? Explain.
-
Discuss the potential economic implications of imposing a significant tax on luxury goods with both elastic and inelastic demand. How might consumer behavior and government revenue be affected....
-
4 (16 points) Suppose a consumer has preferences represented by the utility function U(X,Y) = MIN[2X,Y]. Suppose Px = 2 and Py = 2. Sketch the graph of the consumer's Engel Curve for good X.
Study smarter with the SolutionInn App