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Please answer the following 3. {a} Is it possible to obtain a medianvoter equilibrium under the citizencandidate model? If yes, explain the difference between the
Please answer the following
3. {a} Is it possible to obtain a medianvoter equilibrium under the citizencandidate model? If yes, explain the difference between the median 1uroter equilibrium under the citizencandidate model and the Downsian model. {b} Suppose two citizens E. and R form an equilibrium in the BesiegCoate model. Can this pair be an equilibrium in the OsborneSlivinskg model? Explain when it is possible and when it is notStep by Step Solution
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