SlideShare a Scribd company logo
1 of 1
Download to read offline
On a tropical island the inhabitants live off food they pick from large fruit trees. The government
mandates that teams of 2 be sent out to pick the fruit because one must hold the ladder for safety
reasons. Two types of people live on the island. One is the sharing type (S) who grew up in the
part of the island where property was held in common and equality was the norm. The other type
grew up in the part of the island that was individualistic and ruthlessly competitive (I). When two
I's work together they each grab all the fruit they can reach from the ground because they will not
hold the ladder for each other. They each can pick 50 pounds per day that way. When two S's
work together they hold the ladder for each other so the best fruit in the tree tops can be picked
and they each pick 75 pounds of fruit. If an S and an I work on a team, the I gets 90 because of
his skill in picking only from the ground and the S picks only 25 since no one will hold the
ladder for him. The group with the most fruit to eat increases its population share at the expense
of the other group. a. Calculate the mathematical expectation for each type (S & I), for each
possible situation and totally. Is it more beneficial to play the role of I or S? b. If the share of Is is
70% of society and the share of Ss is 30% of society, how the mathematical expectations for
payoffs will change, for both strategies? c. If 100% of the island population are Ss or 100% of
the island population are Is, what is better for total wealth of the island?

More Related Content

More from akenterprises10

On January 1- the company purchased equipment that cost $10-000- The e.pdf
On January 1- the company purchased equipment that cost $10-000- The e.pdfOn January 1- the company purchased equipment that cost $10-000- The e.pdf
On January 1- the company purchased equipment that cost $10-000- The e.pdfakenterprises10
 
On January 1- 2024- Oriole Satellites Ltd- issued $1-48-million- 10 -y.pdf
On January 1- 2024- Oriole Satellites Ltd- issued $1-48-million- 10 -y.pdfOn January 1- 2024- Oriole Satellites Ltd- issued $1-48-million- 10 -y.pdf
On January 1- 2024- Oriole Satellites Ltd- issued $1-48-million- 10 -y.pdfakenterprises10
 
Old Main is a historic campus landmark that needs maintenance and repa.pdf
Old Main is a historic campus landmark that needs maintenance and repa.pdfOld Main is a historic campus landmark that needs maintenance and repa.pdf
Old Main is a historic campus landmark that needs maintenance and repa.pdfakenterprises10
 
On January 1- 2022- Wheeler Inc purchases a building for $800-000 and.pdf
On January 1- 2022- Wheeler Inc purchases a building for $800-000 and.pdfOn January 1- 2022- Wheeler Inc purchases a building for $800-000 and.pdf
On January 1- 2022- Wheeler Inc purchases a building for $800-000 and.pdfakenterprises10
 
On January 1- 2021- Janelle Co- sold equipment to James Inc- in exchan.pdf
On January 1- 2021- Janelle Co- sold equipment to James Inc- in exchan.pdfOn January 1- 2021- Janelle Co- sold equipment to James Inc- in exchan.pdf
On January 1- 2021- Janelle Co- sold equipment to James Inc- in exchan.pdfakenterprises10
 
Of the five major leadership traits discussed in Chapter 2 (intelligen.pdf
Of the five major leadership traits discussed in Chapter 2 (intelligen.pdfOf the five major leadership traits discussed in Chapter 2 (intelligen.pdf
Of the five major leadership traits discussed in Chapter 2 (intelligen.pdfakenterprises10
 
On January 1- 2020- John Jacob Dingleheimerschmidt borrowed -$1-250-00.pdf
On January 1- 2020- John Jacob Dingleheimerschmidt borrowed -$1-250-00.pdfOn January 1- 2020- John Jacob Dingleheimerschmidt borrowed -$1-250-00.pdf
On January 1- 2020- John Jacob Dingleheimerschmidt borrowed -$1-250-00.pdfakenterprises10
 
On January 1- 2020- Warhol Company issued 2-000 shares of 10-- $200 pa.pdf
On January 1- 2020- Warhol Company issued 2-000 shares of 10-- $200 pa.pdfOn January 1- 2020- Warhol Company issued 2-000 shares of 10-- $200 pa.pdf
On January 1- 2020- Warhol Company issued 2-000 shares of 10-- $200 pa.pdfakenterprises10
 
On February 28- 2011- Intel acquired McAfee for $7-643 million- Intel (1).pdf
On February 28- 2011- Intel acquired McAfee for $7-643 million- Intel (1).pdfOn February 28- 2011- Intel acquired McAfee for $7-643 million- Intel (1).pdf
On February 28- 2011- Intel acquired McAfee for $7-643 million- Intel (1).pdfakenterprises10
 
On its 2022 Form 1065- Hullabaloo Partnership reported a different val.pdf
On its 2022 Form 1065- Hullabaloo Partnership reported a different val.pdfOn its 2022 Form 1065- Hullabaloo Partnership reported a different val.pdf
On its 2022 Form 1065- Hullabaloo Partnership reported a different val.pdfakenterprises10
 
On February 1- Faiwing Company purchased short-term investments in ava.pdf
On February 1- Faiwing Company purchased short-term investments in ava.pdfOn February 1- Faiwing Company purchased short-term investments in ava.pdf
On February 1- Faiwing Company purchased short-term investments in ava.pdfakenterprises10
 
Oceanic crust is made up of this type of darkcoloured rock (one word-.pdf
Oceanic crust is made up of this type of darkcoloured rock (one word-.pdfOceanic crust is made up of this type of darkcoloured rock (one word-.pdf
Oceanic crust is made up of this type of darkcoloured rock (one word-.pdfakenterprises10
 
Occasionally an airline will lose a bag- A small airline has found it (1).pdf
Occasionally an airline will lose a bag- A small airline has found it (1).pdfOccasionally an airline will lose a bag- A small airline has found it (1).pdf
Occasionally an airline will lose a bag- A small airline has found it (1).pdfakenterprises10
 
On December 31- 2018- the Balance Sheet of Company X showed Retained E.pdf
On December 31- 2018- the Balance Sheet of Company X showed Retained E.pdfOn December 31- 2018- the Balance Sheet of Company X showed Retained E.pdf
On December 31- 2018- the Balance Sheet of Company X showed Retained E.pdfakenterprises10
 
On April 1- 2024- Washtenaw Corporation realizes that one of its main.pdf
On April 1- 2024- Washtenaw Corporation realizes that one of its main.pdfOn April 1- 2024- Washtenaw Corporation realizes that one of its main.pdf
On April 1- 2024- Washtenaw Corporation realizes that one of its main.pdfakenterprises10
 
On Auguist 4- Sanders provides services to Frederickson for $5-000- te.pdf
On Auguist 4- Sanders provides services to Frederickson for $5-000- te.pdfOn Auguist 4- Sanders provides services to Frederickson for $5-000- te.pdf
On Auguist 4- Sanders provides services to Frederickson for $5-000- te.pdfakenterprises10
 
Oceania is a small island with an economy based on weaving (knitting)-.pdf
Oceania is a small island with an economy based on weaving (knitting)-.pdfOceania is a small island with an economy based on weaving (knitting)-.pdf
Oceania is a small island with an economy based on weaving (knitting)-.pdfakenterprises10
 

More from akenterprises10 (17)

On January 1- the company purchased equipment that cost $10-000- The e.pdf
On January 1- the company purchased equipment that cost $10-000- The e.pdfOn January 1- the company purchased equipment that cost $10-000- The e.pdf
On January 1- the company purchased equipment that cost $10-000- The e.pdf
 
On January 1- 2024- Oriole Satellites Ltd- issued $1-48-million- 10 -y.pdf
On January 1- 2024- Oriole Satellites Ltd- issued $1-48-million- 10 -y.pdfOn January 1- 2024- Oriole Satellites Ltd- issued $1-48-million- 10 -y.pdf
On January 1- 2024- Oriole Satellites Ltd- issued $1-48-million- 10 -y.pdf
 
Old Main is a historic campus landmark that needs maintenance and repa.pdf
Old Main is a historic campus landmark that needs maintenance and repa.pdfOld Main is a historic campus landmark that needs maintenance and repa.pdf
Old Main is a historic campus landmark that needs maintenance and repa.pdf
 
On January 1- 2022- Wheeler Inc purchases a building for $800-000 and.pdf
On January 1- 2022- Wheeler Inc purchases a building for $800-000 and.pdfOn January 1- 2022- Wheeler Inc purchases a building for $800-000 and.pdf
On January 1- 2022- Wheeler Inc purchases a building for $800-000 and.pdf
 
On January 1- 2021- Janelle Co- sold equipment to James Inc- in exchan.pdf
On January 1- 2021- Janelle Co- sold equipment to James Inc- in exchan.pdfOn January 1- 2021- Janelle Co- sold equipment to James Inc- in exchan.pdf
On January 1- 2021- Janelle Co- sold equipment to James Inc- in exchan.pdf
 
Of the five major leadership traits discussed in Chapter 2 (intelligen.pdf
Of the five major leadership traits discussed in Chapter 2 (intelligen.pdfOf the five major leadership traits discussed in Chapter 2 (intelligen.pdf
Of the five major leadership traits discussed in Chapter 2 (intelligen.pdf
 
On January 1- 2020- John Jacob Dingleheimerschmidt borrowed -$1-250-00.pdf
On January 1- 2020- John Jacob Dingleheimerschmidt borrowed -$1-250-00.pdfOn January 1- 2020- John Jacob Dingleheimerschmidt borrowed -$1-250-00.pdf
On January 1- 2020- John Jacob Dingleheimerschmidt borrowed -$1-250-00.pdf
 
On January 1- 2020- Warhol Company issued 2-000 shares of 10-- $200 pa.pdf
On January 1- 2020- Warhol Company issued 2-000 shares of 10-- $200 pa.pdfOn January 1- 2020- Warhol Company issued 2-000 shares of 10-- $200 pa.pdf
On January 1- 2020- Warhol Company issued 2-000 shares of 10-- $200 pa.pdf
 
On February 28- 2011- Intel acquired McAfee for $7-643 million- Intel (1).pdf
On February 28- 2011- Intel acquired McAfee for $7-643 million- Intel (1).pdfOn February 28- 2011- Intel acquired McAfee for $7-643 million- Intel (1).pdf
On February 28- 2011- Intel acquired McAfee for $7-643 million- Intel (1).pdf
 
On its 2022 Form 1065- Hullabaloo Partnership reported a different val.pdf
On its 2022 Form 1065- Hullabaloo Partnership reported a different val.pdfOn its 2022 Form 1065- Hullabaloo Partnership reported a different val.pdf
On its 2022 Form 1065- Hullabaloo Partnership reported a different val.pdf
 
On February 1- Faiwing Company purchased short-term investments in ava.pdf
On February 1- Faiwing Company purchased short-term investments in ava.pdfOn February 1- Faiwing Company purchased short-term investments in ava.pdf
On February 1- Faiwing Company purchased short-term investments in ava.pdf
 
Oceanic crust is made up of this type of darkcoloured rock (one word-.pdf
Oceanic crust is made up of this type of darkcoloured rock (one word-.pdfOceanic crust is made up of this type of darkcoloured rock (one word-.pdf
Oceanic crust is made up of this type of darkcoloured rock (one word-.pdf
 
Occasionally an airline will lose a bag- A small airline has found it (1).pdf
Occasionally an airline will lose a bag- A small airline has found it (1).pdfOccasionally an airline will lose a bag- A small airline has found it (1).pdf
Occasionally an airline will lose a bag- A small airline has found it (1).pdf
 
On December 31- 2018- the Balance Sheet of Company X showed Retained E.pdf
On December 31- 2018- the Balance Sheet of Company X showed Retained E.pdfOn December 31- 2018- the Balance Sheet of Company X showed Retained E.pdf
On December 31- 2018- the Balance Sheet of Company X showed Retained E.pdf
 
On April 1- 2024- Washtenaw Corporation realizes that one of its main.pdf
On April 1- 2024- Washtenaw Corporation realizes that one of its main.pdfOn April 1- 2024- Washtenaw Corporation realizes that one of its main.pdf
On April 1- 2024- Washtenaw Corporation realizes that one of its main.pdf
 
On Auguist 4- Sanders provides services to Frederickson for $5-000- te.pdf
On Auguist 4- Sanders provides services to Frederickson for $5-000- te.pdfOn Auguist 4- Sanders provides services to Frederickson for $5-000- te.pdf
On Auguist 4- Sanders provides services to Frederickson for $5-000- te.pdf
 
Oceania is a small island with an economy based on weaving (knitting)-.pdf
Oceania is a small island with an economy based on weaving (knitting)-.pdfOceania is a small island with an economy based on weaving (knitting)-.pdf
Oceania is a small island with an economy based on weaving (knitting)-.pdf
 

Recently uploaded

18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphThiyagu K
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Celine George
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991RKavithamani
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesFatimaKhan178732
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 

Recently uploaded (20)

18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
Industrial Policy - 1948, 1956, 1973, 1977, 1980, 1991
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 

On a tropical island the inhabitants live off food they pick from larg (1).pdf

  • 1. On a tropical island the inhabitants live off food they pick from large fruit trees. The government mandates that teams of 2 be sent out to pick the fruit because one must hold the ladder for safety reasons. Two types of people live on the island. One is the sharing type (S) who grew up in the part of the island where property was held in common and equality was the norm. The other type grew up in the part of the island that was individualistic and ruthlessly competitive (I). When two I's work together they each grab all the fruit they can reach from the ground because they will not hold the ladder for each other. They each can pick 50 pounds per day that way. When two S's work together they hold the ladder for each other so the best fruit in the tree tops can be picked and they each pick 75 pounds of fruit. If an S and an I work on a team, the I gets 90 because of his skill in picking only from the ground and the S picks only 25 since no one will hold the ladder for him. The group with the most fruit to eat increases its population share at the expense of the other group. a. Calculate the mathematical expectation for each type (S & I), for each possible situation and totally. Is it more beneficial to play the role of I or S? b. If the share of Is is 70% of society and the share of Ss is 30% of society, how the mathematical expectations for payoffs will change, for both strategies? c. If 100% of the island population are Ss or 100% of the island population are Is, what is better for total wealth of the island?