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e. Suppose now that the Team I leader is aware of Team IIs preference rankings, and that Team I
selects
first. Given Team I leader can choose strategically, who would end up in Team I and who would
end up
in Team II? Are the resulting teams efficient?
Now assume that an English auction is held where the team that bids the highest wins the
member. The
team will have to give up some of its profit to bid for a member.
f. Assuming 2 are chosen per team, who will end up in Team I and who will end up in Team II?
g. Are the resulting teams efficient?
1. The preference ranking for two team leaders over potential team members is shown in the
table below. The efficiency rankings within each team for each individual is also shown (where
efficiency means the marginal impact a team member has on firm profit).

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e. Suppose now that the Team I leader is aware of Team II�s prefer.pdf

  • 1. e. Suppose now that the Team I leader is aware of Team IIs preference rankings, and that Team I selects first. Given Team I leader can choose strategically, who would end up in Team I and who would end up in Team II? Are the resulting teams efficient? Now assume that an English auction is held where the team that bids the highest wins the member. The team will have to give up some of its profit to bid for a member. f. Assuming 2 are chosen per team, who will end up in Team I and who will end up in Team II? g. Are the resulting teams efficient? 1. The preference ranking for two team leaders over potential team members is shown in the table below. The efficiency rankings within each team for each individual is also shown (where efficiency means the marginal impact a team member has on firm profit).