Home / study / business / economics / economics questions and answers / two candidates, a and b, compete in an election. of the n citizens, k support candidate a and ... question: two candidates, a an

Home / study / business / economics / economics questions and answers / two candidates, a and b, compete in an election. of the n citizens, k support candidate a and ... question: two candidates, a and b, compete in an election. of the n citizens, k support candidate a and m (... (1 bookmark) two candidates, a and b, compete in an election. of the n citizens, k support candidate a and m (= n – k) support candidate

b. each citizen decides whether to vote, at a cost, for the candidate she supports, or to abstain. a citizen who abstains receives the payoff of 2 if the candidate she supports wins, 1 if this candidate ties for first place, and 0 if this candidate loses. a citizen who votes receives the payoffs 2 – c, 1 – c, and – c in these three cases, where 0 < c < 1.