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2. (10 points) You and a colleague are assigned a project in which you will receive a combined bonus. You each want a big payout,
2. (10 points) You and a colleague are assigned a project in which you will receive a combined bonus. You each want a big payout, but you also want to avoid hard work. Here is the situation: If both work hard, you both get $40K If. only one of you work hard, you both get $30K If neither of you works hard, you both get $10K Working hard costs $25K a. Create a decision matrix showing the payoffs. b. What is the outcome
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