How to develop a strategy for the candidates


Task:

Suppose you chair a political party committee and now confront the problem of selecting the candidates who will run in each of three constituencies. The three candidates at your disposal have varied campaign skills - superb, average and terrible. Suppose your opposite number from the competing party confronts the same problem.

a. With no further specification of the situation, draw two alternative extensive forms that might correspond to the task of developing a strategy for allocating your three candidates across three constituencies.

b. For each of your extensive forms, will there be a solution (Nash equilibrium) in pure or missed strategies? Why?

Support your work by citing sources according to APA standards.

 

 

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