Macroeconomics 9th Edition by David Colander

Exercise 42

Economics about strategic thinking, and the strategies can get very complicated.uppose you kiss someone and ask whether there son liked it.ou'd like the person to answer "yes" and you'd like that answer to be truthful.ut they know that, and if they like you, they may well say that they liked the kiss even if they didn't.ut you know that, and thus might not really believe that they liked the kiss; they're just saying "yes" because that's what you want to hear.ut they know mat you know that, so sometimes they have to convey a sense that they didn't like it, so that you\\;11 believe them when they say that the)' did like it, But you know that...ou get the picture, Economists have studied such issues; you can find a discussion of similar issues on George Mason University Economist Tvler Cowen's Website (www.gmu.edu/jbc/Tyler).Difficult)
a. Should you always be honest, even when it hurts soma me
b. What strategies can you figure out to avoid the problem of not believing the other person! L03