Business, 28.08.2019 03:20, tyrique86

To vote or not to vote: mr. and mrs. ward typically vote oppositely in 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. (your answer should be in a table & identify the nash equilibrium)2. to vote or not to vote part ii: suppose mr. and mrs. ward agreed not to vote in tomorrow’s election. would such an agreement improve utility? would such an agreement be an equilibrium? (explain in approximately 100 words)

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To vote or not to vote: mr. and mrs. ward typically vote oppositely in elections and so their votes...