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Re: ISI PEA 2015 discussion

Posted by amalgamateking on May 11, 2015; 6:27am
URL: http://discussion-forum.276.s1.nabble.com/ISI-PEA-2015-discussion-tp7596744p7596811.html

Nice! You had a pretty great exam.. did you attempt the cake cutting one? If yes, how did you show the pareto optimal outcomes and optimal cutting by A. Also what about its last part?

And monopoly MR necessarily negative mein toh I just did derivative of mr which was 2p' +xp" + A" (something like this)

I said in usual cases p is taken to be linear so second term vanishes and also there is no function like A so we only have 2p' which is negative. Here however we are simply told in general p" and A" exists but we dont know its sign, so MR may be positive as well. What did you do?