tag:blogger.com,1999:blog-8653124926080909646.post5893188935452045815..comments2022-03-24T19:43:30.499-04:00Comments on Econ Bonus Question of the Week: Escaping with EconomicsGreg Delemeesterhttp://www.blogger.com/profile/06906288835189259424noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8653124926080909646.post-48951400072027947112008-12-04T13:18:00.000-05:002008-12-04T13:18:00.000-05:00I would escape by raising the marginal cost of fig...I would escape by raising the marginal cost of fighting the hero above the average cost of doing so. The hero can only kill 10 people (because he has 10 arrows), which is only 1/4 of the total number of bad guys. However, by shooting the person closest to him in the chase (the marauder in front) time after time after time, the hero can raise the marginal cost of running fast and catching the hero. Not wanting to be the person in front (and immediately shot), the bad guys stop chasing the hero. Escaping from the bad guys would be much harder if the villians formed a straight line and acted as a front. Raising the marginal cost would be almost impossible. After all, who would the hero shoot time after time to send a message to (or change incentives for) the bad guys? However, in this example, that is not the case.Anonymousnoreply@blogger.com