A soccer team is acquiring a player via transfer from another team. The player's quality is given by a uniform distribution, Q ~ U[0,1]. (This is the same structure that we went over in class.) The player's current team knows their quality, but the acquiring team does not. A player of quality, Q, is worth 50000 + 900000Q to their current team, and 200000+1050000Q to the acquiring team. In equilibrium of this game, what is the highest quality player that could be transferred? Your Answer: Answer

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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A soccer team is acquiring a player via transfer from another team. The player's
quality is given by a uniform distribution, Q - U[0,1]. (This is the same structure that
we went over in class.) The player's current team knows their quality, but the
acquiring team does not.
A player of quality, Q, is worth 50000 + 900000Q to their current team, and
200000+1050000Q to the acquiring team.
In equilibrium of this game, what is the highest quality player that could be
transferred?
Your Answer:
Answer
Transcribed Image Text:A soccer team is acquiring a player via transfer from another team. The player's quality is given by a uniform distribution, Q - U[0,1]. (This is the same structure that we went over in class.) The player's current team knows their quality, but the acquiring team does not. A player of quality, Q, is worth 50000 + 900000Q to their current team, and 200000+1050000Q to the acquiring team. In equilibrium of this game, what is the highest quality player that could be transferred? Your Answer: Answer
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