Mathematics
Mathematics, 08.10.2020 14:01, kayliebush2709

Consider a population of voters uniformly distributed along the ideological spectrum from left (x = 0) to right (x = 1). Each of the candidates for a single office simultaneously chooses a campaign platform (i. e., a point on the line between x = 0 and x = 1). The voters observe the candidates choices, and each voter votes for the candidate whose platform is closest to the voters position on the spectrum. If there are two candidates and they choose platforms x1 = 0.3 and x2 = 0.6, for example, then all voters to the left of x = 0.45 vote for candidate 1, all those to the right vote for candidate 2, and candidate 2 wins the election with 55% of vote. Suppose that the candidates care only about being elected. If there are two candidates, what is the pure strategy Nash equilibrium?

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 14:00, heavendl13
Adriveway is 60-feet long by 6-feet wide. the length and width of the driveway will each be increased by the same number of feet. the following expression represents the perimeter of the larger driveway: (x + 60) + (x + 6) + (x + 60) + (x + 6) which expression is equivalent to the expression for the perimeter of the larger driveway? a) 2(x + 66) b) 4x + 33 c) 4(x + 33) d) 4(x + 132)
Answers: 1
image
Mathematics, 21.06.2019 15:00, mrus
Which statements regarding the diagram are true? check all that apply.
Answers: 1
image
Mathematics, 21.06.2019 18:00, terrell31
Compare the cost of the bike trips from the two companies shown. for both the cost in a linear function of the number of days which statements is true
Answers: 2
image
Mathematics, 21.06.2019 19:30, kaleyf96
Look at this pattern ; 1,4,9, number 10000 belongs in this pattern . what’s the place of this number?
Answers: 3
Do you know the correct answer?
Consider a population of voters uniformly distributed along the ideological spectrum from left (x =...

Questions in other subjects: