Will fly to heaven tomorrow after 8.30pm
Had my Game Theory paper this morning at 9am...3 questions 3 hours...took waaaayyyyy too much time for the 1st question...Part A was a 20 marks qualitative question la...asking about mixed strategies between companies and how should companies do to confuse their rivals :S...sia la..20 marks leh..don't even know what's the page limit or points limit for that coz his mid term din even have qualitative questions!!! Argh. So I just scribbled away la. Part B took up quite a bit of time too coz the payoff table has no Nash Equilibrium!!!!! I panicked and wonder if I missed out anything..almost made a hole in my paper with the constant erasing and scribbling. In the end, I make do with a "No Nash Equilibrium" answer and glad to know other people had that answer too..phew. The part that took up the most time was Mixed Strategy Equilibrium. Since there is no Pure Strategy Nash Equilibrium, made sense to have Mixed Strat one. I was constantly dividing wrong la..kaoz..18 divide 9, 20..-_-..when the probability came out more than 1, knew calculation went wrong somewhere..haiz..YuHui was apparently not vv awake while doing the 1st question.
Thank god 2nd question was Signalling Model..which was one of the topics I happened to understand slightly better..:S..so I took a shorter time for that question..but the Part B was crap. It was about fire insurance companies and what can they do to reduce moral hazard and reduce the gap of asymmetrical information between insurance firms and insured clients...huh..so I just scribbled away my 20 marks qualitative question again...
Question 3 was about...what was it about..Oh..Prisoner's Dilemma of firms and what are the conditions and strategies used for collaborations and stuff...Gah...
The paper was open book, open notes and OPEN LAPTOP...but then again...when you dunno how to apply, everything is just plain pointless.
Just thankful he did not set questions on
1)Brinkmanship (that entire chapter was like on Cuban Missile Crisis?!)
2) Judo Economics (phew)
3) Auction and bidding strategies (studied but no confidence)
Wanna thank my prof, Associate Dean, Prof Winston Koh for such an interesting course. Sorry for the so-so results of my midterm. Hope the final term efforts paid off..somehow. I recall how he always used examples from A Beautiful Mind to engage us in the Monday morning class. Ahh...he really made an effort. The course is interesting, just tt no one really participates on Monday morning until after the break :S Game Theory is fun but it is only offered in Semester 1. Dun be afraid if you are non-econ student. This course is damn fun. Maybe next time you can chase blondies using the Game Theory as well :D
Haiz..now shall mug for Labour Economics..
Tomorrow at 8.30pm I will finish all my papers!!!!! And by then Wong Yu Hui would have reached heaven for enjoyment after attaining her Nirvana. And will be recarnated after the results are released. Coz you know, recarnation is actually the most painful part of the process.
why?
Coz you are coming back to earth :S
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