Econ 519: David Reiley
Due Tuesday, 1 August 2006
These problems come from the text by Simon & Blume. As usual, though you can check some answers in the back of the book, I expect you to attempt each problem independently, and check your answer only after you have either solved the problem or struggled with the problem unsuccessfully for 15 minutes. Similarly, I expect you to struggle for 15 minutes on a problem before getting help from a classmate, the TA, or the instructor. Because the course is so fast-paced, I suggest you limit yourself to 15 minutes if you're totally stuck; make a note to ask for a hint, and then move on to the next problem.