ECON 6343 - Mr. and Mrs. Ward typically vote oppositely

Question # 00610169 Posted By: dr.tony Updated on: 10/31/2017 06:01 AM Due on: 10/31/2017
Subject Economics Topic General Economics Tutorials:
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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. Then, supposing that Mr. and Mrs.

Ward agreed not to vote in tomorrow's election, would this agreement improve utility?

Would such an agreement be an equilibrium? Why or why not?

Note: Payoff is the utility not dollar. Use Mathematical. way

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  1. Tutorial # 00608736 Posted By: dr.tony Posted on: 10/31/2017 06:03 AM
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