Question: Represent the situation as a game and find the optimal strategy for each player. State your final answer in the terms of the original question.Political
Represent the situation as a game and find the optimal strategy for each player. State your final answer in the terms of the original question.Political scientists distinguish between two kinds of issues in elections campaigns: "positional" issues (voters have sharply divided and incompatible views) and "valence" issues (voters agree on goals but are divided on the best ways to achieve them). In a race between the incumbent and the challenger for state governor, a marketing survey found that if the incumbent focused on positional issues, she trailed the challenger by5%if he focused on the same kind of issues, but she led him by5%if he concentrated on valence issues. If she focused on valence issues, she trailed him by15%if he focused on the same kind of issues, but she led him by25%if he concentrated on positional issues.
| Challenger | ||||||||||||
| PV | ||||||||||||
| Incumbent |
|
What doesPrepresent?
Prepresents valence issues.Prepresents positional issues.
What doesVrepresent?
Vrepresents valence issues.Vrepresents positional issues.
For the incumbent:
| r1 | = |
| r2 | = |
For the challenger:
| c1 | = |
| c2 | = |
In designing the incumbent's TV ads for the campaign, what proportion should focus on positional issues?
%
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