Question: Determine the optimal strategy for the situation by representing it as a game and finding the saddle point. State your final answer in the terms
Determine the optimal strategy for the situation by representing it as a game and finding the saddle point. State your final answer in the terms of the original question.
A Republican and a Democratic candidate are running for office in a heavily Republican county. A recent newspaper poll comparing their views on taxes and welfare reform showed that when compared on taxes or on welfare reform, the Republican leads by30%. When comparing the Democrat on welfare reform to the Republican on taxes, the Republican leads by40%. But when comparing the Democrat on taxes to the Republican on welfare reform, the Republican leads by only20%. Use this information to decide what each candidate should discuss at their next debate. (LetTrepresent taxes andWrepresent welfare reform.)
DemocratTWRepublicanT
W
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The saddle point is thein rowand column.
What should each discuss at their next debate?
They both should discuss taxes at their next debate.
The democratic candidate should discuss taxes, while the republican candidate discusses welfare reform.
They both should discuss welfare reform at their next debate.
The democratic candidate should discuss welfare reform, while the republican candidate discusses taxes.
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