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4. (20) Suppose that we have a game in which player 1 is an employer and player 2 is an employee. Player 1 observes a

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4. (20) Suppose that we have a game in which player 1 is an employer and player 2 is an employee. Player 1 observes a good state with probability % and a bad state with probability % After observing the state, player 1 decides whether to send the message \"The state is good\" (denoted m) or the massage \"The state is bad\" (denoted n) The employee, player 2, observes the message sent by player 1 and then decides on an action to take. The sender's payoff depends on a bias b g 1. NOTE: If you have trouble with this question with arbitrary ti1 use b = 41 for partial credit. (Also remember that you have to ip an inequality if you multiply both sides by 1) b2, 0 412,0 2 2 (1b)2, 1 E 5 (1b)2, 1 (b + 1)"', 1 i E (5+ 1f, 1 2 b2, 0 b2, 0 (a) Find a pooling perfect Bayesian Nash equilibria in which mama is chosen by player 1. For what it is this an equilibrium

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