{{ block title }}
Part 1 Round {{player.round_number}}
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There are two empty job positions, one for Job 1 and one for Job 2.
There are two workers, Ann and Bob.
With equal chance, Ann applies for Job 1 and Bob applies for Job 2 or vice versa.
That means, (Ann Job1, Bob Job2) or (Ann Job2, Bob Job1), each have equal probability.
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.
The revenue each worker brings you when you hire them is given as follows:
Revenue from each Worker
Ann
Bob
Job 1
{{C.VAA_1}}
{{C.VBA_1}}
Job 2
{{C.VAB_1}}
{{C.VBB_1}}
The minimum willingness to accept means the minimum wage that the worker would accept.
The worker rejects any wage lower than the minimum willingness to accept
The worker accepts any wage higher than or equal the minimum willingness to accept
The worker has different minimum willingness to accept for each job.
Each person has one's own minimum willingness accept for each job, which is given as follows:
Minimum Willingness to Accept
Ann
Bob
Job 1
{{C.TAA_1}}
{{C.TBA_1}}
Job 2
{{C.TAB_1}}
{{C.TBB_1}}
If your wage offer is lower than the worker's minimum willingness to accept, you cannot hire the worker and your profit is zero.
If you hire, your profit is: Revenue the worker brings you - Wage Offer