FIGURE 2.13 Competition for Elected Office Republican candidate Moderate Moderately conservative Conservative Moderate 4,4 6,3 8,2 Democratic Moderately liberal 3,6 5,5 9,4 candidate Liberal 2,8 4,9 7,7

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Consider a setting in which the Republican candidate announces her platform first, choosing from moderate, moderately conservative, and conservative. Then, having observed the Republican’s platform, the Democratic candidate chooses between liberal and moderate. Using the payoffs shown, write down the strategic form.

FIGURE 2.13 Competition for Elected Office
Republican candidate
Moderate
Moderately conservative
Conservative
Moderate
4,4
6,3
8,2
Democratic
Moderately liberal
3,6
5,5
9,4
candidate
Liberal
2,8
4,9
7,7
Transcribed Image Text:FIGURE 2.13 Competition for Elected Office Republican candidate Moderate Moderately conservative Conservative Moderate 4,4 6,3 8,2 Democratic Moderately liberal 3,6 5,5 9,4 candidate Liberal 2,8 4,9 7,7
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