A. Two best friends, each of whom belongs to an opposing political coalitions, typically vote oppositely in
Fantastic news! We've Found the answer you've been seeking!
Question:
A. Two best friends, each of whom belongs to an opposing political coalitions, typically vote oppositely in local elections and so their votes “cancel each other out.” They each gain two units of utility from a vote for their positions (and lose two units of utility from a vote against their positions). However, the bother of actually voting costs each one unit of utility. Diagram a game in which they choose whether to vote or not to vote.
Related Book For
Managerial Economics A Problem Solving Approach
ISBN: 978-1133951483
3rd edition
Authors: Luke M. Froeb, Brian T. McCann, Mikhael Shor, Michael R. War
Posted Date: