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and don't want to deviate and skip business school.
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I have to show that the bad workers self select
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into not getting an education
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and don't want to deviate and become MBA's.
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And I have to show that the employers infer from this
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what they should infer from this, which was fine.
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So I'm done. This is indeed an equilibrium.
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So notice, in this equilibrium, the good workers do manage to
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distinguish themselves from the bad workers,
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and they do end up getting paid more
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albeit at the cost that they're going to die a year later.
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So this is called a separating equilibrium, which I can never spell.