social dilemmas, game theory, social institutions)

CORE ESPP, sections from Unit 2: S2.1 to S2.15.

https://www.core-econ.org/espp/book/text/02.html

WAQ_1. POLITICAL ADVERTISING

Many people consider political advertising (campaign advertisements) to be a classic

example of a prisoners' dilemma situation.

1.Using examples from a recent political campaign with which you are familiar, explain

whether this is the case.

2.Write down an example payoff matrix for this case.