The manager of a corporate division faces the posibility of an audit every year. She prefers to spend time preparing if she will be audited; otherwise, she would prefer to invest her time elsewhere. The auditor, who gets recognized for uncovering problems, prefers to audit unprepared clients. If the players match their actions (i.e., the manager prepares an the auditor audits, or the manager doesn’t prepare and the auditor doesn’t audit), the manager wins with a payoff of 20, and the auditor loses with a payoff of -20. If the actions don’t match, the auditor wins with a payoff of 20, and the manager loses with a payoff of -20. Diagram this game, and comment on the equilibrium
24/7 Homework Help
Essaynice Will Help You Write Your Essays and Term Papers
From initial topic to finished paper
Answered » You can buy a ready-made answer or pick a professional tutor to order an original one.
Assignment help 1934
HOME TO CERTIFIED WRITERS

Why Place An Order With Us?
- Certified Editors
- 24/7 Customer Support
- Profesional Research
- Easy to Use System Interface
- Student Friendly Pricing