To vote or not to vote mr and mrs ward typically vote


1. 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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Business Economics: To vote or not to vote mr and mrs ward typically vote
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