![2. Reconsider the model of 2 candidate competition (over school locations) with candidates that face uncertainty about the location of the median voter. In particular both candidates believe the median, m is uniformly (a) First assume that the candidates care only about winning (obtain ing a payoff of 1 from a wifro a tie and 0 from losing). Find the Nash equilibria to this game. b) Now assume that the candidates care about policy and winning So candidate 1 obtains utility of -ri+ if she wins and a payoff of- if she does not win. Simmilarly, candidate 2 obtains payof (1-2+7 if she wins and payoff-(1-) if she does not win. The parameter should be taken as positive but small Say as mach as you can about how best responses and the Nash equlibrium depend on the magnitude of . MODEL: 2 candidates compete by selecting a location in the interval [0.1] Whichever location is closer to the median voter wins. The median voter is a random variable drawn from the uniform distribution on [0,1]. In class we assume that the utility to candidate 1 from the location of the winning positin, w is -0- w)2, and the utility to candidate 2 from the winning location w is -(1-w)2](http://img.homeworklib.com/questions/994db010-74ab-11ea-9583-f18b633051ab.png?x-oss-process=image/resize,w_560)
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2. Reconsider the model of 2 candidate competition (over school locations) with candidates that face uncertainty...
2. Reconsider the model of 2 candidate competition (over school locations) with candidates that face uncertainty...
2. Reconsider the model of 2 candidate competition (over school locations) with candidates that face uncertainty about the location of the median voter. In particular both candidates believe the median, m is uniformly distributed on the unit interval a) First assume that the candidates care only about winning (obtain- ing a payoff of 1 from a win, ^ from a tie and 0 from losing). Find the Nash equilibria to this game. (b) Now assume that the candidates care about...
2 candidates compete by selecting a location in the interval [0,1]. Whichever location is closer to...
2 candidates compete by selecting a location in the interval
[0,1]. Whichever location is closer to the median voter wins. The
median voter is a random variable drawn from the uniform
distribution on [0,1]. In class we assume that the utility to
candidate 1 from the location of the winning positin, w is
–(0-w)^2, and the utility to candidate 2 from the winning location
w is –(1-w)^2
2. Reconsider the model of 2 candidate competition (over school locations) with candidates...
2 candidates compete by selecting a location in the interval [0,1]. Whichever location is closer to...
2 candidates compete by selecting a location in the interval
[0,1]. Whichever location is closer to the median voter wins. The
median voter is a random variable drawn from the uniform
distribution on [0,1]. In class we assume that the utility to
candidate 1 from the location of the winning positin, w is
–(0-w)^2, and the utility to candidate 2 from the winning location
w is –(1-w)^2
answer both a) AND b) please
2. Reconsider the model of 2 candidate...
4. (Voter Participation): 2 candidates A and B compete in an election. Of the n citizens,...
4. (Voter Participation): 2 candidates A and B compete in an election. Of the n citizens, k support candidate A and the remaining (n − k) support B. Each citizen chooses whether to abstain, or to vote at a cost. A citizen who abstains receives payoff 2 if the candidate she supports wins, 1 if this candidate ties for 1st place, and 0 if the candidate loses. A citizen who votes receives the same payoffs, minus a voting cost 0...
2) Consider a location model of differentiated products where the set of possible products is the...
2) Consider a location model of differentiated products where the set of possible products is the line segment [0,11 and consumers are uniformly distributed along the line segment. Transportation costs in this model are equal to td, where d= |x- is the distance between the consumer's ideal variety and the variety she purchases. If a consumer with ideal variety x* purchases variety x at price p, then her utility is If the consumer does not purchase the good her utility...
Instyle Interior Designs has been requested to prepare a bid to decorate four model homes for a new development. Winning the bid would be a big boost for sales representative Jim Doogan, who works e...
Instyle Interior Designs has been requested to prepare a bid to decorate four model homes for a new development. Winning the bid would be a big boost for sales representative Jim Doogan, who works entirely on commission. Sara Groom, the cost accountant for Instyle, prepares the bid based on the following cost information: Design costs S20,000 70,000 0,000 20,000 Design costs Furniture and artwork Direct labor Delivery and installation Overhead costs Design software Furniture handlin General and administration 8.000 5.200...
Amazon to Competition: We Will Crush You! Amazon to Employees: We Will Churn You! Globally, Amazon...
Amazon to Competition: We Will Crush You! Amazon to Employees: We Will Churn You! Globally, Amazon is one of the largest and most successful companies in any industry. Technological innovation has contributed to its success, as has its employee acquisition practices, which are exceptionally high. The question is what has allowed this company to thrive and maintain its success? This activity is important because it shows how companies like Amazon hire based on personality and individual differences. Such companies place...
1 1 OFFICIAL 2017 DEMOCRATIC PARTY SURVEY SURVEY TRACKING SCANLINE REGISTRATION # PREPARED FOR: P...
1 1 OFFICIAL 2017 DEMOCRATIC PARTY SURVEY SURVEY TRACKING SCANLINE REGISTRATION # PREPARED FOR: PLEASE COMPLETE AND RETURN BY SEPTHMBER 30 SURVEY INSTRUCTIONS: . Portios of this survey contain compu peerd information, including 3. To ausik a de tubalatios o your sarvey, plcaie peist all of your in Hack or blae ink if pesuble 2. Plewse anwwer euch question to the best of your inow ledge and abilty. To caure sstistical accuacy, ploase de sot skip any questions in the...
Please read the article bellow and discuss the shift in the company's approach to genetic analysis....
Please read the article bellow and discuss the shift in the
company's approach to genetic analysis. Please also discuss what
you think about personal genomic companies' approaches to research.
Feel free to compare 23andMe's polices on research with another
company's. Did you think the FDA was right in prohibiting 23andMe
from providing health information?
These are some sample talking points to get you thinking about
the ethics of genetic research in the context of Big Data. You
don't have to...
Please read the article and answer about questions. You and the Law Business and law are...
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2. Reconsider the model of 2 candidate competition (over school locations) with candidates that face uncertainty about the location of the median voter. In particular both candidates believe the median, m is uniformly distributed on the unit interval a) First assume that the candidates care only about winning (obtain- ing a payoff of 1 from a win, ^ from a tie and 0 from losing). Find the Nash equilibria to this game. (b) Now assume that the candidates care about...
2 candidates compete by selecting a location in the interval
[0,1]. Whichever location is closer to the median voter wins. The
median voter is a random variable drawn from the uniform
distribution on [0,1]. In class we assume that the utility to
candidate 1 from the location of the winning positin, w is
–(0-w)^2, and the utility to candidate 2 from the winning location
w is –(1-w)^2
2. Reconsider the model of 2 candidate competition (over school locations) with candidates...
2 candidates compete by selecting a location in the interval
[0,1]. Whichever location is closer to the median voter wins. The
median voter is a random variable drawn from the uniform
distribution on [0,1]. In class we assume that the utility to
candidate 1 from the location of the winning positin, w is
–(0-w)^2, and the utility to candidate 2 from the winning location
w is –(1-w)^2
answer both a) AND b) please
2. Reconsider the model of 2 candidate...
2) Consider a location model of differentiated products where the set of possible products is the line segment [0,11 and consumers are uniformly distributed along the line segment. Transportation costs in this model are equal to td, where d= |x- is the distance between the consumer's ideal variety and the variety she purchases. If a consumer with ideal variety x* purchases variety x at price p, then her utility is If the consumer does not purchase the good her utility...
Instyle Interior Designs has been requested to prepare a bid to decorate four model homes for a new development. Winning the bid would be a big boost for sales representative Jim Doogan, who works entirely on commission. Sara Groom, the cost accountant for Instyle, prepares the bid based on the following cost information: Design costs S20,000 70,000 0,000 20,000 Design costs Furniture and artwork Direct labor Delivery and installation Overhead costs Design software Furniture handlin General and administration 8.000 5.200...
1 1 OFFICIAL 2017 DEMOCRATIC PARTY SURVEY SURVEY TRACKING SCANLINE REGISTRATION # PREPARED FOR: PLEASE COMPLETE AND RETURN BY SEPTHMBER 30 SURVEY INSTRUCTIONS: . Portios of this survey contain compu peerd information, including 3. To ausik a de tubalatios o your sarvey, plcaie peist all of your in Hack or blae ink if pesuble 2. Plewse anwwer euch question to the best of your inow ledge and abilty. To caure sstistical accuacy, ploase de sot skip any questions in the...
Please read the article bellow and discuss the shift in the
company's approach to genetic analysis. Please also discuss what
you think about personal genomic companies' approaches to research.
Feel free to compare 23andMe's polices on research with another
company's. Did you think the FDA was right in prohibiting 23andMe
from providing health information?
These are some sample talking points to get you thinking about
the ethics of genetic research in the context of Big Data. You
don't have to...
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