Business, 21.02.2020 01:31 flyingcerberus1408
Consider a job market signaling problem. There are two types of workers with ability high (ƟH) and low (ƟL), where ƟH > ƟL.
A worker with education level e knows his productivity Ɵ while his potential employer firm does not know Ɵ (although the potential employer observes the level of education (e).
Firms are behaving competitively. The proportion of the high ability workers in the market is half. The worker chooses the level of education e which the firms can observe. The worker’s payoff is w-(e2 /Ɵ), where w is the wage offered by his employer.
Assume ƟH =3 and ƟL =2.
i. What would be the equilibrium under symmetric information (i. e. theta is common knowledge)?
ii. Under asymmetric information, what is the minimum level of education e the high type worker acquires in separating equilibria? What is the level of education acquired by the low type worker in such equilibria? Discuss how your answer would change if productivity became Ɵ +e.
Answers: 3
Business, 22.06.2019 01:20, tsadface21
Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $58. a, compute the percentage total return. (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) b. what was the dividend yield and the capital gains yield? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e. g., 32.16.)
Answers: 2
Business, 22.06.2019 10:00, chancegodwin5
In a small group, members have taken on the task roles of information giver, critic/analyzer, and recorder, and the maintenance roles of gatekeeper and follower. they need to fulfill one more role. which of the following would be most effective for their group dynamics? a dominator b coordinator c opinion seeker d harmonizer
Answers: 1
Business, 22.06.2019 19:10, sierravick123owr441
You have just been hired as a brand manager at kelsey-white, an american multinational consumer goods company. recently the firm invested in the development of k-w vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about k-w brands. it is 2018. the system is populated with 3 years of historical data. as brand manager for k-w’s blue laundry detergent, you are tasked to lead the brand's turnaround. use the vision platform to to develop your strategy and grow blue’s market share over the next 4 years.
Answers: 2
Consider a job market signaling problem. There are two types of workers with ability high (ƟH) and l...
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