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Mathematics, 29.03.2021 20:30 jesspatrick91810
Suppose that Sarah Palin and Barack Obama are campaigning for the office of President in 2012. They each have time for one visit to either Alaska or Hawaii, which represent 3 and 4 electoral votes, respectively. Palin is favored in Alaska; Obama is favored in Hawaii. If neither candidate visits a state, or if only the favored candidate visit a state, the favored candidate is guaranteed to win. If both candidates visit the same state, the favored candidate is expected to win with probability 3/4. If only the unfavored candidate visits a state, each candidate has a probability of winning of 1/2. Model this situation as a two-person constant-sum game. Analyze the game. What does game theory predict
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Suppose that Sarah Palin and Barack Obama are campaigning for the office of President in 2012. They...
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