Consider the pooling strategy Fg, Fb, where both types have fun. 1) If anticipating this strategy, what are the employer's beliefs after the signal of F? That is, what is p (g|F) - you do not need to worry about their beliefs following education, since it is off-path. 2) What strategy should the employer choose in response to F? 3) Is Fg, Fb a best reply for both worker types if the employer plays this optimal strategy in response to F, and also hires following education (hE) ? 4) What if the employer does not hire after education (∼hE) ?

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Business

Maddison Harvey

24 May, 05:31

Consider the pooling strategy Fg, Fb, where both types have fun. 1) If anticipating this strategy, what are the employer's beliefs after the signal of F? That is, what is p (g|F) - you do not need to worry about their beliefs following education, since it is off-path. 2) What strategy should the employer choose in response to F? 3) Is Fg, Fb a best reply for both worker types if the employer plays this optimal strategy in response to F, and also hires following education (hE) ? 4) What if the employer does not hire after education (∼hE) ?

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Evelin Farley · Answer 1

If I am a employer of fb, my strategy will be that I will hire machine learning engineer to solve automation problem, I will give them skills if employer don't hire after education.