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Unformatted text preview: Worker can go to college or not. The cost of college is 200 for a lazy person, and 50 for a hard working person. A Manager observes whether the worker went to college and either hires or fires him (but doesnt know type). The manager gets a payoff of 200 if he hires a hard worker, 0 if he hires a lazy guy, and 150 if he fires the guy (either type). The worker gets a benefit of 150 if he is hired, 0 if he is fired. Find a PBNE....
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- Fall '10