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    Instruction Page 3
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In Part1, you will have one of the three types of the wage decision problem in each round:
<ol>
    <li>One Job case 1</li>
    <li style="color:blue;">Two Jobs</li>
    <li>One Job case 2</li>
</ol>

<p>

<ul>
    <li>There are two empty job positions, one for Job 1 and one for Job 2.</li>
    <li>There are two workers, Ann and Bob.</li>
    <li>Each worker brings different revenue</li>
    <li>With equal chance, Ann applies for Job 1 and Bob applies for Job 2 or vice versa.</li>
    <ul>
        <li>That means, (Ann &rarr; Job1, Bob &rarr; Job2) or (Ann &rarr; Job2, Bob &rarr; Job1), each have equal probability.</li>
    </ul>
    <li>You will submit your wage offers. You will submit one wage for each job. When you make the offers, you do not know who applies for which position. </li>


<style>
table, th, td {
  border: 1px solid black;
  border-collapse: collapse;
}

table.center {
  margin-left: auto;
  margin-right: auto;
}
</style>

<!--<li> The revenue each worker brings you when you hire them is given as follows: </li>-->
<!--    <table style="width:60%; text-align:center"  class="center">-->
<!--    <caption style="text-align:center; caption-side:top; color:black; font-weight: bold;">Revenue from each Worker</caption>-->
<!--  <tr>-->
<!--    <th></th>-->
<!--    <th>Ann</th>-->
<!--    <th>Bob</th>-->
<!--  </tr>-->
<!--  <tr>-->
<!--      <td>Job 1</td>-->
<!--    <td style="color:blue;">Revenue when hiring Ann for Job 1</td>-->
<!--    <td style="color:blue;">Revenue when hiring BoB for Job 1</td>-->
<!--  </tr>-->
<!--         <tr>-->
<!--      <td>Job 2</td>-->
<!--    <td style="color:blue;">Revenue when hiring Ann for Job 2</td>-->
<!--    <td style="color:blue;">Revenue when hiring BoB for Job 2</td>-->
<!--  </tr>-->
<!--</table>-->



    <li> Each worker has a minimum willingness to accept, which means the minimum wage that the worker would accept. <br>
        For each job and each worker,<br>
    <ul>
    <li>The worker accepts any wage <b>higher than or equal to the minimum willingness to accept</b><br>
            In that case, your profit is: <b><i>Revenue the worker brings you - Wage Offer</i></b>
        <li>Otherwise, the worker rejects the offered wage <br>
            In that case, your profit is<b> 0</b> </li>
        </li>
        <li><b>Your final profit is the summation of the profit from two jobs.</b></li>
    </ul>
    </li>
<!--    <li>Each person's minimum willingness accept is given as below: </li>-->
<!-- <table style="width:60%; text-align:center"  class="center">-->
<!--    <caption style="text-align:center; caption-side:top; color:black; font-weight: bold;">Minimum Willingness to Accept</caption>-->
<!--  <tr>-->
<!--      <th></th>-->
<!--    <th>Ann</th>-->
<!--    <th>Bob</th>-->
<!--  </tr>-->
<!--  <tr>-->
<!--      <td>Job 1</td>-->
<!--    <td style="color:red;">Ann's minimum willingness to accept for Job 1</td>-->
<!--    <td style="color:red;">Bob's minimum willingness to accept for Job 1</td>-->
<!--  </tr>-->
<!--       <tr>-->
<!--      <td>Job 2</td>-->
<!--<td style="color:red;">Ann's minimum willingness to accept for Job 2</td>-->
<!--    <td style="color:red;">Bob's minimum willingness to accept for Job 2</td>-->
<!--  </tr>-->
<!--</table>-->


    <li>Below is an example of this wage decision.</li>

    <table style="width:30%; text-align:center"  class="center">
    <caption style="text-align:center; caption-side:top; color:black; font-weight: bold;">Revenue from each Worker</caption>
  <tr>
      <th></th>
    <th>Ann</th>
    <th>Bob</th>
  </tr>
  <tr>
      <td>Job 1</td>
    <td style="color:blue;">50</td>
    <td style="color:blue;">37</td>
  </tr>
       <tr>
      <td>Job 2</td>
<td style="color:blue;">45</td>
    <td style="color:blue;">30</td>
  </tr>
</table>

    <table style="width:30%; text-align:center"  class="center">
    <caption style="text-align:center; caption-side:top; color:black; font-weight: bold;">Minimum Willingness to Accept</caption>
  <tr>
      <th></th>
    <th>Ann</th>
    <th>Bob</th>
  </tr>
  <tr>
      <td>Job 1</td>
    <td style="color:red;">30</td>
    <td style="color:red;">35</td>
  </tr>
       <tr>
      <td>Job 2</td>
<td style="color:red;">25</td>
    <td style="color:red;">33</td>
  </tr>
</table>

<li>Suppose that you choose 35 for Job 1 and 27 for Job 2</li>
    <li>Then, both Ann and Bob would accept the offer for Job 1 since 35 is greater than or equal both Ann and Bob's minimum willingness to accept for Job 1.</li>
    <li>For Job 2, only Ann would accept the offer because 27 is greater than Ann's minimum willingness to accept and less than Bob's willingness to accept for Job 2.</li>
    <li>With one half probability, Ann applies for Job 1 and accepts the offer and Bob applies for Job 2 but rejects the offer.<br>
        In this case, your payoff will be <br>
        Revenue from hiring Ann to Job 1 - your wage offer for Job 1<br>
        = 50- 35 = 15 </li>
    <li>With one half probability, Ann applies for Job 2 and accepts the offer and Bob applies for Job 1 and accepts the offer.<br>
        In this case, your payoff will be <br>
        Revenue from hiring Ann to Job 2 - your wage offer for Job 2 <br>
        + Revenue from hiring Bob to Job 1 - your wage offer for Job 1<br>
        = 45 - 27 + 37 - 35 = 20 </li>

</ul>
    </p>
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