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I would like to ask you the following questions.

You will proceed to the next page only after you answer questions correctly.

(You can see instructions again here after clicking the instruction button.)

Suppose your reservation wage is 6, and you did get a job.

What is the averaged wage rate of the job you got?







Suppose you have just lost your job, and now you are looking for a new job. In this process, you should consider:

  1. The minimum wage you are willing to accept.
  2. How much effort you would put in looking for jobs. (How many jobs you will look for.)

You will be able to look for jobs for 20 rounds.

  1. If you fail to find a job in one round, you move to the next.
  2. Once you find the job, the job search will end.
    1. Your earnings from new job equals to the wage rate multiplied by the rest of rounds (including the current round).

Let us think about what you have when looking for jobs:

  1. You have some money in your account that you borrow from others. (You have to return them after finishing job search)
  2. Looking for jobs has a cost, and the cost depends on how many jobs you are looking for.
  3. You may have Unemployment Insurance benefit for a period of time, and the amount and duration will vary.
    1. However,you won't have Unemployment Insurance anymore if you find a new job.

Finally, your earned points will be converted into U.S. dollars and rounded into integer (10 points = 1 dollar).

Any negative point will be converted into 0 finally.



Number of Jobs 0 1 2 3 4 5
Cost 0 point 2 points 5 points 10 points 18 points 30 points
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