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Consider the following strategic situation: There are three elected county commissioners, A, B, and C. They have a public vote on whether to give themselves
Consider the following strategic situation: There are three elected county commissioners, A, B, and C. They have a public vote on whether to give themselves a pay increase. Each commissioner can vote yes (y) or no (n). The measure will pass if at least 2 of the 3 officials vote yes (y). They announce their votes in order: Avotesfirst. BobservesA'svoteandthenannouncestheirvote. CobservesthevotesofAandBandthenannouncestheirvote. Thepayincreasehasavaluevtoallthreecommissioners:ifthemeasurepasses,each commissioner will receive a benefit v. Anycommissionerwhovotesyeswillpayapoliticalcostvaluedatc.Thiscost affects any commissioner who votes yes, whether or not the measure actually passes. Bothvandcarepositiveparameters,withv>c. BenefitsandcostsareadditivesothatA'spayoffis A's Benefit A's Cost
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