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During the 2020 US Presidential election it is estimated that over $12 billion was spent on advertising. All this spending, however, may have had little

During the 2020 US Presidential election it is estimated that over $12 billion was spent on advertising. All this spending, however, may have had little effect on the outcome of the election. It could be argued that the candidates were mainly spending in order to neutralise the effects of their opponent's advertising. Both can choose between a 'Low' and a 'High' level of advertising. The game table looks like this:

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