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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 31
Felix and Sam are roommates. They both want the dishes to be washed, but each would prefer that the other person do it. Use the decision matrix in Figure 9Q-1 to explain why Felix and Sam are likely to end up with a sink full of dirty dishes. Their preferences are ranked from 1 (lowest) to 4 (highest).
Explanation
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Given information:
Figure 1 is decision...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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