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Use the Table, with Data for a Company and Available  Table: Who Is Hired? \text { Table: Who Is Hired? }

Question 72

Multiple Choice

Use the table, with data for a company and available workers, to answer the question.
A company wants certified workers for its production and is trying to decide whether to hire only workers who already have certifications or to hire untrained workers and provide on-the-job certification training. Those entering the workforce are trying to decide whether to seek certification training in order to get a stable job. What type of game is represented in this payoff table?
 Table: Who Is Hired? \text { Table: Who Is Hired? }
 Available workers have  certifications.  Available workers are  untrained.  The company hires only  certified workers.  It’s easy for the company to  hire and for workers to find  a job.  The company has hiring  problems, and workers are  not hired.  The company hires untrained  workers and provides on-the-  job certification training.  Workers are overqualified  and not hired, and the  company has hiring  problems.  Available workers are hired  and trained. \begin{array}{|l|l|l|}\hline & {\begin{array}{c}\text { Available workers have } \\\text { certifications. }\end{array}} & {\begin{array}{c}\text { Available workers are } \\\text { untrained. }\end{array}} \\\hline \begin{array}{l}\text { The company hires only } \\\text { certified workers. }\end{array} & \begin{array}{l}\text { It's easy for the company to } \\\text { hire and for workers to find } \\\text { a job. }\end{array} & \begin{array}{l}\text { The company has hiring } \\\text { problems, and workers are } \\\text { not hired. }\end{array} \\\hline \begin{array}{l}\text { The company hires untrained } \\\text { workers and provides on-the- } \\\text { job certification training. }\end{array} & \begin{array}{l}\text { Workers are overqualified } \\\text { and not hired, and the } \\\text { company has hiring } \\\text { problems. }\end{array} & \begin{array}{l}\text { Available workers are hired } \\\text { and trained. }\end{array} \\\hline\end{array}


A) a coordination game with multiple equilibria
B) a prisoner's game with Coase equilibria
C) a coordination game with a single equilibrium
D) an anti-coordination game with a single equilibrium

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