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PART 3 | COVID VACCINATION Read the following article and be informed about the vaccination roll-out in Australia: . de New, J. P., A. Scott,

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PART 3 | COVID VACCINATION Read the following article and be informed about the vaccination roll-out in Australia: . de New, J. P., A. Scott, & K. Parakash, "Our survey results show incentives aren't enough to reach a 80% vaccination rate", The Conversation, August 10, 2021. Address Questions 7-9 within the maximum word count. Any number of words less than or equal to the maximum can achieve a high mark as long as you meet the standards in the rubric. Revise your discussions before submission to enhance brevity and clarity. Question 7 | [10 marks, max 200 words] Discuss i) the social dilemma we may observe in the process of the vaccination roll-out and ii) how it can be understood by game theory. To help your discussion, consider individuals who are to choose between two strategies: i) to get vaccinated now and ii) to wait and see. Your discussion must refer to the following: . social dilemma . prisoner's dilemma . public goods game . Nash equilibrium 5 /8 MACQUARIE MACQUAR BUSINESS SCHOOL ECON1020 PRINCIPLES OF ECONOMICS 1 I S2 2021 University Department of Economics Question 8 | [10 marks, max 200 words] Provide a potential solution to the social dilemma you discussed in Question 7. You must cite at least one reputable source from your own research. Use the source(s) to support your argument; do not simply quote the source. Include the full reference at the end of your answer, which will not count towards the word limit. Use a standard referencing system (e.g. Harvard style). You may use the following resources to help find reputable sources and cite them: . Referencing guide from MQ Library website Webinar recording: Critical Thinking and Persuasive Writing (by Dr Danielle Kent)Question 9 | [15 marks, max 300 words] Evaluate whether your proposed solution is ethically acceptable by using either a consequentialist or a deontological framework. Your discussion must include: o the definition of your chosen ethical framework, and o the reasoning behind your ethical judgement. See the week 6 lecture Section D and the supplementary lecture to assist your discussion

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