Pooling equilibrium - PowerPoint PPT Presentation

Education Signaling &amp; Screening

Education Signaling &amp; Screening. Lent Term Lecture 5 Dr. Radha Iyengar. The course so far…. Skill biased changes  increased returns to ed (lecture 2). Model of human acquisition (lecture 3). Variation in marginal costs (lecture 4). Estimating returns to schooling.

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Exam Questions

Exam Questions. Fred and Elmer. No Price War. Price War. Players’ Strategies. Strategies: Elmer: Price war if Fred opens No Price war if Fred opens. Fred: Open Don’t Open. Two Nash equilibrium.

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Pooling equilibrium - PowerPoint PPT Presentation

Education Signaling &amp;amp; Screening

Exam Questions

Education Signaling & Screening