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4. Screening & Selecting Studies

Signaling and Screening in Markets with Asymmetric Information... | Filo

What is market signalling ? How can it be used to solve the pro... | Filo

Managing the dynamic ever-evolving job market

5) [ 15 pts. ] Job Market Signaling GameConsider the following sequential move game with incomplete information. A worker privately observes whether he has a High productivity or a Low productivity, and then decides whether to acquire some education that he will be able to use as a signal about what his productivity level is. The firm that is thinking of hiring him can either hire him as a manager (M) or as a cashier (C), but the firm does not observe the real productivity level of the worker. T