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Part 1 Round {{player.round_number}}
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There is one empty job position and you want to hire a worker.
There are two workers, Ann and Bob. With equal chance, the worker who come to you to get the job is Ann or Bob.
You will submit your wage offer but when you make the offer, you do not know the worker who wants to get a job is Ann or Bob.
The revenue each worker brings you when you hire them is given as follows:
Revenue from each Worker
Ann
Bob
{{C.VA_3}}
{{C.VB_3}}
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 accepts any wage higher than or equal the minimum willingness to accept
Each person has one's own minimum willingness accept, which is given as follows:
Minimum Willingness to Accept
Ann
Bob
{{C.TA_3}}
{{C.TB_3}}
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