ECON 431  Economics Game Theory Project Paper

ECON 431  Economics Game Theory Project Paper

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ECON 431  Economics Game Theory Project Paper

ECON 431,  Economics, Game Theory, Project, Paper

 

ECON 431 Project Guidelines – Spring 2020 Your group for this project should agree upon a scenario to analyze using the tools we have discussed throughout

this course. This scenario can be anything that interests you, for example: a plot from a movie or tv, a story about your favorite sports team, an interesting phenomenon you observe in the world and want to understand, or a model from this class that you would like to extend. You should clearly outline your research question and write down a game form that represents the scenario of interest.

You should describe the players (you should have n ≥ 2), the strategies for each player, and the payoffs of each player. You should also explain why the game form you write down describes your scenario of interest. Your project can be a theory or experimental project. Your paper should be a minimum of three pages (with standard formatting – no gigantic margins) and this can include any game forms or figures you would like to include.

Theory: When you write down the game form for your scenario, you should start with a specific example and do your best to generalize (i.e. starting with 2 players and payoffs such as 0 and 1 for the example and then expanding the number of players or replacing the payoffs with x and y). If you have trouble generalizing your game, you can find a real world example that is represented by your game form and analyze data from this example.

Experiment: You should use your game form to derive testable predictions. Your experiment should include: instructions (note that you cannot deceive subjects!), incentives (I will have a raffle for a prize later in the semester – you can let subject earn entries into the raffle), and an analysis of your results (including why you think they did or did not match your predictions). Be sure to include an attachment of your instructions in your final write-up for the project (these do NOT count as one of your three pages).

Note: Your project should be an original idea. This means, you should not turn in a project exactly replicating an example from class, a paper or other lecture notes from game theory, or a project from another professor’s class (without consent from that professor and Rachel). You may, however, EXTEND on existing ideas or use them for inspiration.

In either type of project, you should justify which solution concept you choose to use – or use multiple solution concepts (SPE, NE, PBE) and discuss which results seem the most intuitive (unless they are the same). If you are in a group, your teammates’ evaluations will be factored into your final project grade. Keep this in mind when deciding to shirk!

Here is a list of ideas that might help inspire your project topic: Sports, Video Games, Repeated Games, Bargaining Games, Contracting Games, Divorce, Voting, Politics, Firm Competition, Dating, Game of Thrones, Game Shows, Board Games, Survivor, Auctions, Communication Games, Poker, Coordination Games, Evolution, Pollution, Love Island, College Football Playoffs, Love is Blind, NBA Slam Dunk Contest, Commitment Mechanisms. (You may instead take inspiration from other places – be as creative as you like.

The Sustainability Companies from Canada Essay

Sustainability, Companies, Canada, Essay

Part II (10%) – Formal Written Report

Using the outline as a guide your team will write a comprehensive formal report. The report will follow the long format report outline. Be sure to observe preface, body and style, language, endings, headings, page numbering and other components of the long format report. Your report must include the following components in order:

• Title Page
• Letter of Transmittal
• Table of Contents
• Executive Summary
• Introduction
• Discussion (main body of the report)
• Conclusions
• Recommendations
• References
• Appendix

The body of the report should be approximately 5-7 pages in length (excluding title page, table of contents, charts, tables and references) APA Formatting must be consistent throughout the report. Your research should include high quality, peer reviewed sources, found through the Camosun library site search tool (http://camosun.ca/services/library/). Do not simply Google your topic.

PART III (10%) Electronic Presentation

1. Complete a presentation outline and submit with your slides to the D2L drop box.
2. Using MS PowerPoint, create a professional electronic presentation to support your written report.

• The presentation should consist of a minimum of ten slides (max 15) not including the introduction and reference pages.
• Research at least four scholarly sources to support your presentation.
• Use a minimum of 4 pictures within your presentation that add interest and visually support your topic. Be sure these are open source by searching https://commons.wikimedia.org/wiki/Category:Images, and reference them correctly.
• Include speaking notes in the notes section of each slide to explain your topic.
• If you use a PowerPoint template, be sure to edit, using correct presentation fonts and slide formatting, according to Chapter 14.
• Information and images should be referenced on a separate page, formatted using APA style
• You will be graded on your ability to provide comprehensive information on the topic in a clear and professional manner.

BUS 130 Team Project Guidelines Page 2 of 8

Standards of “Sustainability” for Company in Canada

Company name: Tim Horton

Describe for the Company: Tim Horton is one of North America’s largest restaurant. The first Tim Horton opened in Canada in 1964. The menu includes premium coffee, hot and cold specialty drinks (including lattes, cappuccinos and espresso shots), specialty teas and fruit smoothies, fresh baked goods, grilled Panini and classic sandwiches, wraps, soups, prepared foods and other food products.

Sustainability in Communities: Tim Horton Children’s Foundation

Tim Horton Children’s Foundation was established in 1974. The Foundation Camp experience provides programs to help economically disadvantaged children develop lifelong skills.

-In 2014, the restaurant owners and guest from across North America raised $11.8 million for the Foundation company.

– To mark Tim Hortons 50th Anniversary campers planted over 1,500 trees on the camp properties.

– At Tim Hortons, we aim to consider the environment when making decisions about our packaging.

As we strive to reduce the waste created in every part of our business, we are addressing the waste generated at our restaurants through reduction, reuse and recycling initiatives.

• We continued to offer ceramic dishware to guests who eat in-restaurant and a 10-cent discount for guests who purchase a hot beverage in their travel mugs.
• Together with our Restaurant Owners, we are developing a comprehensive waste diversion strategy for our restaurants. In 2014, we developed a strategy and we aim to pilot the strategy in key regions in 2015.
• In 2014, our Restaurant Owners supported 650 local community clean-ups across Canada.

Company name: Telus

Introduction of company: Telus is a communications company that promotes fiber-optic networks, has a division called Telus Mobility. It USES HSPA + and LTE on its mainstream network. As of the second quarter of 2019, Telus mobile is Canada’s third-largest mobile phone provider, with 9.9 million subscribers.

Sustainable development of the activities:

-In 2019, To enhance our capacity to respond to the needs of other stakeholders through community investment, including donations of $55 million to charitable and community organizations.

– In 2018, we continued to host stakeholder engagement activities that are core to our approach. We once again conducted internal sustainability surveys and convened focus groups with the assistance of third-party agencies to help us validate and prioritize our material issues and help identify emerging issues

– In 2017, we set targets that focused on social outcomes in the following areas:

• The digital economy
• Transforming healthcare
• Caring for our environment
• Providing access to education for children and youth
• Creating a sense of online safety, security, protection and respect of privacy
• Fostering more inclusive and equitable communities. We also aligned these social outcomes to relevant Sustainable

-10% absolute energy reduction from our 2010 consumption by 2020

-25% greenhouse gas emissions reduction from our 2010 levels by 2020

-$15million contributed since 2000 to fund environmental work

Company name: Bank of Montreal

Introduction of company:

Bank of Montreal (French: Banque de Montréal) is a Canadian multinational investment bank and financial services company. The Bank of Montreal was founded in 1817 in Montreal, Quebec, with its headquarters in Montreal. It is one of Canada’s top five Banks, the country’s fourth-largest by market value and assets, and one of the top 10 Banks in North America. Its acronym is BMO.

Sustainable development of the activities:

-In 2019, commitment to mobilize $400bn for sustainable finance, including $250bn of customer investment for sustainable results and $150bn of capital for companies pursuing sustainable results.

Donated $67.2 million to registered charities and non-profit organizations in Canada and the United States.

-In 2018, helping clients lead the global transition to a low-carbon economy, including underwriting more than $6.3 billion in green or sustainable debt.

Participated in $6.8 billion of renewable energy equity and debt financing, and provided $3.9 billion in loan commitments to renewable energy entities and projects.

-In 2017, participated in $6.4 billion of renewable energy equity and debt financing, and provided $4.2 billion in loan commitments to renewable entities and renewable projects.

 

 

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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