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. EXERCISE 72.3 (Electoral competition in two districts) Consider a variant of Hotelling's model that captures features of a Us presidential election. Voters are divided

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. EXERCISE 72.3 (Electoral competition in two districts) Consider a variant of Hotelling's model that captures features of a Us presidential election. Voters are divided be- tween two districts. District 1 is worth more electoral college votes than is dis- trict 2. The winner is the candidate who obtains the most electoral college votes. Denote by ml- the median favorite position among the citizens of district 1', for i = 1, 2; assume that 1712

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