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CONTRACT L

The employee gets paid the following wage:

\( \text{Wage} = 1.8 \times \begin{pmatrix} \color{#00CC66}{Green}\\ effort \end{pmatrix} + 1 \)
\( \text{Wage} = 1.8 \times \begin{pmatrix} \color{#3399FF}{Blue}\\ effort \end{pmatrix} + 1 \)

CONTRACT R

The employee gets paid the following wage:

\( \text{Wage} = 0.9 \times \begin{pmatrix} \color{#00CC66}{Green}\\ effort \end{pmatrix} + 0.9 \times \begin{pmatrix} \color{#3399FF}{Blue}\\ effort \end{pmatrix} + 1 \)

Select the efforts that you think the employee will choose for CONTRACT L

If coin = Head formulas
Wage
Your points
Employee's points
If coin = Tail formulas
Wage
Your points
Employee's points

Select the efforts that you think the employee will choose for CONTRACT R

Select a contract for the employee:
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You selected CONTRACT X