Chemical equilibrium

The Michaelis constant, Km, is the amount of substrate needed for the enzyme to obtain half of its maximum rate of reaction. (Oregon 2015) It reveals the enzymes affinity for the substrate and shows the magnitude of the enzymes affect on changing the rate of the reaction. For example, an enzyme with a high Km needs a large concentration of substrate to efficiently increase the rate of the reaction. (Oregon 2015) A low Km indicates that the enzyme will increase the rate of reaction with a small…

Reservoir Systems consist of a hollow inner core and a polymer membrane, there to control the rate of drug diffusion. Drug diffusion across the membrane is rate limited and controls general drug release rate (Bajpai et al. 2008). For reservoir systems drug release normally remains steady resulting in a zero order profile (Raval, Parikh and Engineer, 2010). Another technology is called the Multiparticulate drug delivery system which consists of microencapsulated granules/beads containing drug…

The second argument Dawkins makes is that religion and God create a false hope to all those who put their faith in it (Dawkins 2014). He believes religion in the face of God encourages people to believe in a higher being who oversees everything and plays are part in the lives of each person on earth (Dawkins 2014). God and religion also creates a false hope that there will be white gates waiting for the after death (Dawkins 2014). Dawkins believes that God is a being that controls and influences…

above-mentioned changes has been done by John Nash and his followers who developed the concept of Game Theory and Nash Equilibrium in particular. For the purpose of this essay, the Game Theory would be defined as “study of decision-making where several players must make choices that potentially affect the interests of the other players” (Turocy and Stengel, 2001). The Nash’s equilibrium would be referred as ‘the combination…

time. The authority can control the travel time for the whole network by responding advance in an optimal way to the drivers’ selfishness. In this study, the game theory concepts are incorporated into the system optimal (for authority) and user equilibrium (drivers). Bjørnskau and Elvik (1992) admits that game theory provide better insights than traditional choice theory, in their study of traffic law enforcement and driver behaviour.…

The aim of this experiment was to investigate which technique – out of gravimetric analysis and colourimetry – was the most appropriate and accurate method to practice when calculating the percentage yield of a reaction. When examining the data obtained from the investigation, there was evident that there were some trends in the results. For the three graphs showcasing the results for gravimetric analysis in task one and task two, there was no general pattern. This was due to the fact that in…

solely look out for their best interests or to cooperate with the other party. The scenario mostly described when dealing with the prisoner’s dilemma is two criminals who have been arrested for the same crime and are being questioned by police (Nash Equilibrium, n.d.). Each criminal is offered a lighter sentence if he testifies against the other. Their other choice is to remain silent. If the first criminal gives up the second one, the he is free to go and the second one will have a ten-year…

few years later that a solution was proposed as to how rationale players would interact. John Nash proposed that players would adjusted their strategies until no player could benefit from changing and reach what has been coined the “Nash Equilibrium.” The equilibrium will leave the players at their best possible response to all other players responses (Camerer, 2003; University…

when playing the game repeatedly, cooperation is improbable in the Prisoner’s Dilemma due to backwards inductive reasoning. The Stag Hunt Game, on the other hand, allows cooperation to be far more stable because when both players cooperate, a Nash equilibrium occurs, so neither player would do better by changing their strategy. Thus, there would be no logic in withdrawing cooperation in the Stag Hunt Game, as this would only serve to harm both players. The Prisoner’s Dilemma proves to provide a…

shows a tendency to move towards the predicted level. In the case of R = ∞ (perfect discrimination), the level of dissipation fluctuated around the predicted dissipation level. Further, the average earnings were significantly closer to the Nash equilibrium under perfect discrimination. Thus, the authors concluded that the rent-seeking model has predictive power. In both cases, rent dissipation is observed and is in line with the theoretical predictions. The experiment also revealed three types…