subject
Business, 19.10.2021 08:50 Klevster

Each of two firms has one job opening. Suppose that the firms offer different wages: firm 1 offers wage w1, firm 2 offers wage w2. Imagine that there are two workers, each of whom can apply to only one firm. The workers simultaneously decide whether to apply to firm 1 or to firm 2. If only one worker applies to a given firm, that worker gets the job; if both workers apply to one firm, the firm hires one worker at random and the other worker is unemployed. Worker 2
Apply to firm 1 Apply to firm 2
Worker 1 Apply to firm 1 1/2w1, 1/2w1 w1,w2
Apply to firm 2 w2, w1 1/2w2, 1/2w2

Let w1= 8 and w2= 6. Find all the Nash equilibria

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:00
Ireally need with these questions.6. what level of job security do athletes and sports competitors have? why do you think this is? 22. do you think a musician has more job security than an athlete? explain.37. what is the difference between a public relations specialist and a marketing professional? 47. do you think gender inequalities still exist in the sports industry? explain.50. what are the advantages and disadvantages of labor unions? do you think labor unions are fair to employers? how might they be taken advantage of?
Answers: 1
question
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
question
Business, 22.06.2019 17:00
Can someone me ? i’ll mark the best answer brainliest : )
Answers: 1
question
Business, 22.06.2019 20:00
Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:
Answers: 2
You know the right answer?
Each of two firms has one job opening. Suppose that the firms offer different wages: firm 1 offers w...
Questions
question
Mathematics, 04.03.2021 20:20
question
Mathematics, 04.03.2021 20:20
question
Mathematics, 04.03.2021 20:20
question
Mathematics, 04.03.2021 20:20
question
Mathematics, 04.03.2021 20:20
Questions on the website: 13722363