Metadata
Business & Economics Graduate Create Hard-
Subject
Business & Economics
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Education level
Graduate
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Cognitive goals
Create
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Difficulty estimate
Hard
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Tags
platform, mechanism design, dynamic pricing, multi-homing, network effects, equilibrium
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Number of questions
5
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Created on
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Generation source
Fully autonomous and synthetic. Generation by GENO 0.1A using GPT-5-mini
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License
CC0 Public domain
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Prompt
Assess students' ability to design a formal dynamic pricing and incentive mechanism for a two-sided digital platform that maximizes long-term profit and social welfare under multi-homing, endogenous network effects, and entrant competition. Require specification of the economic model (agents, timing, preferences, cost functions, entry dynamics), equilibrium concept (e.g., Markov perfect/subgame-perfect Nash in a dynamic game), solution approach (analytical solution, comparative statics, numerical simulation/calibration), welfare and firm-objective metrics, incentive-compatibility and budget constraints, robustness checks, and a concrete implementation strategy (algorithms, data needs, experimental or regulatory deployment). Expect derivations, simulations, and clear policy/managerial recommendations.
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%
Mock data used for demo purposes.