Allocations A, B, C and D represent the payoffs that Themba and Penny will receive in a strategic interaction. / Allokasies A, B, C en D verteenwoordig die uitbetalings wat Themba en Penny in 'n strategiese interaksie sal ontvang.

Based on the information above, which of the following statements is INCORRECT? / Op grond van die inligting hierbo, watter van die volgende stellings is VERKEERD?

Question

Allocations A, B, C and D represent the payoffs that Themba and Penny will receive in a strategic interaction. /  Allokasies A, B, C en D verteenwoordig die uitbetalings wat Themba en Penny in 'n strategiese interaksie sal ontvang. 
  
 Based on the information above, which of the following statements is INCORRECT? /  Op grond van die inligting hierbo, watter van die volgende stellings is VERKEERD?

Accepted Answer

Allocation  B  is better than allocation  C. /  Allokasie  B  is beter as allokasie  C.

Answer

Allocation  B  Pareto dominates allocation  D . /  Allokasie  B  Pareto oorheers allokasie  D .

Answer

According to the Pareto criterion, allocations  A  and  B  are both efficient allocations. /  Volgens die Pareto-maatstaf is allokasies  A  en  B  beide doeltreffende toedelings (allokasies).

Answer

Allocation  D  is Pareto inefficient. /  Allokasie  D  is Pareto ondoeltreffend.

Crowdly

Allocations A, B, C and D represent the payoffs that Themba and Penny will recei...

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