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Three sales managers are participating in the best manager competition. Each manager can either choose to put low effort (simply yields utility of 0) or
Three sales managers are participating in the best manager competition. Each manager can either choose to put low effort (simply yields utility of 0) or high effort. Putting high effort results in disutility of either 20 (player A) or 40 (players B and C), but it gives a chance to win a prize worth utility of 90. Winning chances are always equal across managers who choose high effort (and sum up to 100%)
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