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Consider the following signalling game between a worker (who can be of two types: good and bad) and an employer. The first payoff listed is
Consider the following signalling game between a worker (who can be of two types: good and bad) and an employer. The first payoff listed is the payoff to the worker and the second payoff is the payoff to the employer. 20, 5 h no uni 10, 5 Good worker h uni 6,0 n n -4,0 1/5 Employer Nature Employer 4/5 20, -5 h 5,-5 h no uni n Bad worker uni 4, 0 n -11, 0 Is there a pooling equilibrium in this game in which no workers go to uni? Select one: O a. No O b. Yes, and the employer hires everyone O c. Yes, and the employer hires no one O d. Yes, and the employer hires only the educated
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