Year 12s: what will be the first way you research your future options? >>

Game Theory Help Undergraduate

Any help with this question appreciated, for part 1 am i correct in thinking that the nash equilibrium would be at 0? seeing as they choose simultaneously. For Part 2 I am completely stumped on how that would change.

Any help much appreciated help me.png

Reply 1

ghostwalker

Original post by Shazzy69

Wish I know more about this, but as no one else has replied.

Not an expert, but from my little understanding.

Yes, 0 would be the nash equilibrium for 2 candidates. Each would get 1/2 of the votes, and any deviation from 0 would result in a loss of votes.

For three candidates, suppose two of then go for zero, then the third candidate can get almost half the votes by being slightly off zero, whilst the first two get a quarter each.