In 2008, a Former Intel Engineer Has Been Charged with Stealing

question 107

Multiple Choice

In 2008, a former Intel engineer has been charged with stealing trade secrets worth $1 billion. Intel owns 90 percent of the worldwide market for microprocessors, AMD has the rest. Conducting R&D is very expensive so suppose that each of these firms can either steal R&D or develop their own R&D. If both firms develop their own R&D, economic profit will be $50 million each. If one company steals R&D, that firm earns $100 million in economic profit while the other firm earns $10 million. If both firms steal R&D, each firm breaks even. What is the outcome of this game?

• A) Both firms will conduct R&D.
• B) Both firms will steal R&D.
• C) The outcome will be a dominant strategy equilibrium.
• D) Only one firm will conduct R&D, but we cannot predict which firm will conduct R&D.

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Definitions:

Arrhythmia

An irregularity in the heart rate or rhythm, which can be too fast, too slow, or erratic, affecting the heart's ability to effectively pump blood.

Electrodes

Conductive materials that allow the flow of electric current in and out of devices such as batteries or sensors.

Dysrhythmia

An abnormality in a physiological rhythm, particularly in the pattern of electrical activity of the heart.

P Waves

The waveform seen on an electrocardiogram that represents the depolarization of the atria of the heart.