Screening occurs when a player:
A) Transmits a credible and unreproducible signal to an uninformed player.
B) Attempts to sort rivals according to certain characteristics.
C) Attempts to sort rivals using different credible threats.
D) Attempts to obtain a better payoffs by committing to a different strategy for each rival.
E) Makes a decision using a familiar frame of reference.

Question

Quizplus · Accepted Answer

Screening involves an attempt by one party (often the less informed) to sort or differentiate among other parties (rivals, potential partners, etc.) based on certain characteristics or criteria. This is often seen in contexts like job markets, where employers screen applicants based on their qualifications.

Screening Occurs When a Player