Game Theory:A business has two job openings. The “good” job offers pay and benefits equal to 20 utility points. The “bad” job offers pay and benefits equal to 10 utility points.A motivated worker can go through a training program with x utility points. An unmotivated worker can go through the same training program with y utility points.The business would like to hire motivated workers into the “good” job and unmotivated workers into the “bad” job. Determine the ranges of x and y required by their training program to provide adequate separating equilibrium in this scenario. What values of x and y would provide a pooled equilibrium?
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