Formula for Problems 1 and 2Offer W1 in year 1; W2 in year 2 only to those retainedW1 < W2 • Value of E-types applying = W1 + q•W2 + […]
Formula for Problems 1 and 2Offer W1 in year 1; W2 in year 2 only to those retainedW1 < W2 • Value of E-types applying = W1 + q•W2 + […]