e. For what range of c is it an equilibrium for two candidates with positions 0 and
Question:
e. For what range of c is it an equilibrium for two candidates with positions 0 and 1 to compete?
B. Consider the same set-up as in part A.
a. Let x [ 30,0.52. For what range of c is it an equilibrium for a citizen with position x to be the only candidate to run for office? Is your answer consistent with what you derived for A(b)?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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