Each of two firms has one job opening. Suppose the ( for reasons not discussed here but
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Each of two firms has one job opening. Suppose the for reasons not discussed here but relating to the value of filling each opening the firms offer different wages: firm i offers the wage where Imagine that there are two workers, each of whom can apply to only one firm. The workers simultaneously decide whether to apply to firm or to firm If only one worker applies to a given firm, that worker gets the job; if both workers apply to one firm, the firm hires one worker at random and the
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