W5.3. POLITICAL ADVERTISING no ikely? Explain. Political advertising (campaign advertisements) refers to political parties' efforts and expenditure in order secure more votes in upcoming elections. We can model a campaign and its intensity as a two-player gam between parties, with two strategies (spend, don't spend). Here is a possible payoff matrix (the units are Party B doesn't spend I 250,50 200, 200 1. Does this game have the features of a prisoner's dilemma? Explain. 2. How would you change the payoffs if one of the parties is the favourite to win the election? Explain. (note: this is a mildly open-ended question, there is no single right answer) 100, 100 50,250 Party A doesn't spend arbitrary): Party B spends Party A spends