econ case study 1

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Name: ECO550 Week 7 Case Study: Use of Game Theory

Description: ECO550 Week 7 Case Study: Use of Game Theory

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Unacceptable Below 70% F

Fair 70-79% C

Proficient 80-89% B

Exemplary 90-100% A

1. Describe the change in Southwest Airlines boarding process.

Points:

Points Range: 0 (0%) - 17.48 (6.99%)

Did not submit or did not address the subject.

Feedback:

Points:

Points Range: 17.5 (7%) - 19.98 (7.99%)

Partially describes the change in Southwest Airlines boarding process.

Feedback:

Points:

Points Range: 20 (8%) - 22.48 (8.99%)

Satisfactorily describes the change in Southwest Airlines boarding process.

Feedback:

Points:

Points Range: 22.5 (9%) - 25 (10%)

Thoroughly describes the change in Southwest Airlines boarding process.

Feedback:

2. Discusses Southwest’s main goal introducing the early-bird check-in

Points:

Points Range: 0 (0%) - 26.22 (10.49%)

Did not submit or did not address the subject.

Feedback:

Points:

Points Range: 26.25 (10.5%) - 29.98 (11.99%)

Partially discusses Southwest’s main goal introducing the early-bird check-in.

Feedback:

Points:

Points Range: 30 (12%) - 33.72 (13.49%)

Satisfactorily discusses Southwest’s main goal introducing the early-bird check-in.

Feedback:

Points:

Points Range: 33.75 (13.5%) - 37.5 (15%)

Thoroughly discusses Southwest’s main goal introducing the early-bird check-in.

Feedback:

3. Explain how Southwest Airlines used the game theory approach to increase its profits.

Points:

Points Range: 0 (0%) - 34.95 (13.98%)

Did not submit or did not address the subject.

Feedback:

Points:

Points Range: 35 (14%) - 39.95 (15.98%)

Partially explains how Southwest Airlines used the game theory approach to increase its profits.

Feedback:

Points:

Points Range: 40 (16%) - 44.95 (17.98%)

Satisfactorily explains how Southwest Airlines used the game theory approach to increase its profits.

Feedback:

Points:

Points Range: 45 (18%) - 50 (20%)

Thoroughly explains how Southwest Airlines used the game theory approach to increase its profits.

Feedback:

4. Analyze the advantages and disadvantages of the early-bird check-in process for Southwest Airlines.

Points:

Points Range: 0 (0%) - 26.18 (10.47%)

Did not submit or did not address the subject.

Feedback:

Points:

Points Range: 26.25 (10.5%) - 29.92 (11.97%)

Partially analyzes the advantages and disadvantages of the early-bird check-in process for Southwest Airlines.

Feedback:

Points:

Points Range: 30 (12%) - 33.68 (13.47%)

Satisfactorily plotted the demand curve for the firm.

Feedback:

Points:

Points Range: 33.75 (13.5%) - 37.5 (15%)

Thoroughly plotted the demand curve for the firm.

Feedback:

5. Suggest ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits

Points:

Points Range: 0 (0%) - 52.35 (20.94%)

Did not submit or did not address the subject.

Feedback:

Points:

Points Range: 52.5 (21%) - 59.85 (23.94%)

Partially suggests ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits.

Feedback:

Points:

Points Range: 60 (24%) - 67.35 (26.94%)

Satisfactorily suggests ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits.

Feedback:

Points:

Points Range: 67.5 (27%) - 75 (30%)

Thoroughly suggests ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits.

Feedback:

6. Use of at least 3 academic quality references. One has been published in the last 6 months

Points:

Points Range: 0 (0%) - 8.72 (3.49%)

Did not submit or did not include citations or references in work.

Feedback:

Points:

Points Range: 8.75 (3.5%) - 9.98 (3.99%)

Used enough references however not all were of academic quality, and one has been published in the last 6 months.

Feedback:

Points:

Points Range: 10 (4%) - 11.22 (4.49%)

Did not use enough references however all were of high quality and citations/references were appropriately done, and one has been published in the last 6 months.

Feedback:

Points:

Points Range: 11.25 (4.5%) - 12.5 (5%)

Used 3 or more academic quality reference and citations were appropriately done, and one has been published in the last 6 months.

Feedback:

7. Clarity, writing mechanics, and formatting requirements

Points:

Points Range: 0 (0%) - 8.74 (3.5%)

Student did not submit the assignment or there are so many errors that work is confusing to read. APA citation not attempted.

Feedback:

Points:

Points Range: 8.75 (3.5%) - 9.99 (4%)

Several errors(5-6) in grammar, formatting and APA citation.

Feedback:

Points:

Points Range: 10 (4%) - 11.24 (4.5%)

A few errors (3-4) in grammar, formatting and APA citation but not so much that the reader is confused.

Feedback:

Points:

Points Range: 11.25 (4.5%) - 12.5 (5%)

Minimal (0-2) errors in grammar, formatting and APA citation.

Feedback:

Show DescriptionsShow Feedback

1. Describe the change in Southwest Airlines boarding process.--

Levels of Achievement:

Unacceptable Below 70% F0 (0%) - 17.48 (6.99%)

Did not submit or did not address the subject.

Fair 70-79% C17.5 (7%) - 19.98 (7.99%)

Partially describes the change in Southwest Airlines boarding process.

Proficient 80-89% B20 (8%) - 22.48 (8.99%)

Satisfactorily describes the change in Southwest Airlines boarding process.

Exemplary 90-100% A22.5 (9%) - 25 (10%)

Thoroughly describes the change in Southwest Airlines boarding process.

Feedback:

2. Discusses Southwest’s main goal introducing the early-bird check-in--

Levels of Achievement:

Unacceptable Below 70% F0 (0%) - 26.22 (10.49%)

Did not submit or did not address the subject.

Fair 70-79% C26.25 (10.5%) - 29.98 (11.99%)

Partially discusses Southwest’s main goal introducing the early-bird check-in.

Proficient 80-89% B30 (12%) - 33.72 (13.49%)

Satisfactorily discusses Southwest’s main goal introducing the early-bird check-in.

Exemplary 90-100% A33.75 (13.5%) - 37.5 (15%)

Thoroughly discusses Southwest’s main goal introducing the early-bird check-in.

Feedback:

3. Explain how Southwest Airlines used the game theory approach to increase its profits.--

Levels of Achievement:

Unacceptable Below 70% F0 (0%) - 34.95 (13.98%)

Did not submit or did not address the subject.

Fair 70-79% C35 (14%) - 39.95 (15.98%)

Partially explains how Southwest Airlines used the game theory approach to increase its profits.

Proficient 80-89% B40 (16%) - 44.95 (17.98%)

Satisfactorily explains how Southwest Airlines used the game theory approach to increase its profits.

Exemplary 90-100% A45 (18%) - 50 (20%)

Thoroughly explains how Southwest Airlines used the game theory approach to increase its profits.

Feedback:

4. Analyze the advantages and disadvantages of the early-bird check-in process for Southwest Airlines.--

Levels of Achievement:

Unacceptable Below 70% F0 (0%) - 26.18 (10.47%)

Did not submit or did not address the subject.

Fair 70-79% C26.25 (10.5%) - 29.92 (11.97%)

Partially analyzes the advantages and disadvantages of the early-bird check-in process for Southwest Airlines.

Proficient 80-89% B30 (12%) - 33.68 (13.47%)

Satisfactorily plotted the demand curve for the firm.

Exemplary 90-100% A33.75 (13.5%) - 37.5 (15%)

Thoroughly plotted the demand curve for the firm.

Feedback:

5. Suggest ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits--

Levels of Achievement:

Unacceptable Below 70% F0 (0%) - 52.35 (20.94%)

Did not submit or did not address the subject.

Fair 70-79% C52.5 (21%) - 59.85 (23.94%)

Partially suggests ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits.

Proficient 80-89% B60 (24%) - 67.35 (26.94%)

Satisfactorily suggests ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits.

Exemplary 90-100% A67.5 (27%) - 75 (30%)

Thoroughly suggests ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits.

Feedback:

6. Use of at least 3 academic quality references. One has been published in the last 6 months--

Levels of Achievement:

Unacceptable Below 70% F0 (0%) - 8.72 (3.49%)

Did not submit or did not include citations or references in work.

Fair 70-79% C8.75 (3.5%) - 9.98 (3.99%)

Used enough references however not all were of academic quality, and one has been published in the last 6 months.

Proficient 80-89% B10 (4%) - 11.22 (4.49%)

Did not use enough references however all were of high quality and citations/references were appropriately done, and one has been published in the last 6 months.

Exemplary 90-100% A11.25 (4.5%) - 12.5 (5%)

Used 3 or more academic quality reference and citations were appropriately done, and one has been published in the last 6 months.

Feedback:

7. Clarity, writing mechanics, and formatting requirements--

Levels of Achievement:

Unacceptable Below 70% F0 (0%) - 8.74 (3.5%)

Student did not submit the assignment or there are so many errors that work is confusing to read. APA citation not attempted.

Fair 70-79% C8.75 (3.5%) - 9.99 (4%)

Several errors(5-6) in grammar, formatting and APA citation.

Proficient 80-89% B10 (4%) - 11.24 (4.5%)

A few errors (3-4) in grammar, formatting and APA citation but not so much that the reader is confused.

Exemplary 90-100% A11.25 (4.5%) - 12.5 (5%)

Minimal (0-2) errors in grammar, formatting and APA citation.

Feedback:

Name:ECO550 Week 7 Case Study: Use of Game Theory

Description:ECO550 Week 7 Case Study: Use of Game Theory

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