. An engineer has a talent t in (1,2) with equal probability (prob=1/2), and the value of t is private information to the engineer. The engineer's pure strategies are applying for a job or being an entrepreneur and doing a startup. . The company's pure strategies are either hiring or not hiring the engineer. . If the engineer applies for the job and the company does not hire, then the engineer becomes an entrepreneur and does a startup. . The utility of the engineer is t (talent) from being an entrepreneur, and w (wage) from being hired. . The utility of the company is (t-w) from hiring the engineer and 0 otherwise. . These are pictured in the payoff matrices below, with the engineer being the row player and the company being the column player. t=2 Hire Not Startup 2,0 2,0 Work w,2-w 2,0 t=1 Hire Not Startup 1,0 1,0 Work W,1-W 1,0 Suppose w = 1, which of the below are pure strategy Bayesian equilibria, there may be more than one and check all that apply. (Form: Engineer's strategy, company's strategy) a) (t = 2 Work, t = 1 Startup, Hire); b) (t = 2 Startup, t = 1 Work, Hire); c) (t = 2 Startup, t = 1 Work, Not); d) (t = 2 Work, t = 1 Startup, Not); 5.

. An engineer has a talent t in (1,2) with equal probability (prob=1/2), and the value of t is private information to the engineer. The engineer's pure strategies are applying for a job or being an entrepreneur and doing a startup. . The company's pure strategies are either hiring or not hiring the engineer. . If the engineer applies for the job and the company does not hire, then the engineer becomes an entrepreneur and does a startup. . The utility of the engineer is t (talent) from being an entrepreneur, and w (wage) from being hired. . The utility of the company is (t-w) from hiring the engineer and 0 otherwise. . These are pictured in the payoff matrices below, with the engineer being the row player and the company being the column player. t=2 Hire Not Startup 2,0 2,0 Work w,2-w 2,0 t=1 Hire Not Startup 1,0 1,0 Work W,1-W 1,0 Suppose w = 1, which of the below are pure strategy Bayesian equilibria, there may be more than one and check all that apply. (Form: Engineer's strategy, company's strategy) a) (t = 2 Work, t = 1 Startup, Hire); b) (t = 2 Startup, t = 1 Work, Hire); c) (t = 2 Startup, t = 1 Work, Not); d) (t = 2 Work, t = 1 Startup, Not); 5.

Power System Analysis and Design (MindTap Course List)

6th Edition

ISBN:9781305632134

Author:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma

Publisher:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma

Chapter6: Power Flows

Section: Chapter Questions

Problem 6.15P

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