HO2F10 - 1, then the strategic form for this game is: II...

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G AME T HEORY IN THE S OCIAL S CIENCES Political Science 135/Economics 110 Hand Out on the Hotelling Location Game Two firms or political candidates must choose where to locate themselves along the line: 0 .25 .50 .75 1 Customers or voters then buy or vote from the player closest to them. The player’s objective is to maximize their market or vote share. If we simplify matters by assuming that the players can locate only at 0, .25, .50, .75, or
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Unformatted text preview: 1, then the strategic form for this game is: II .25 .5 .75 1.00 50,50 12.5,87.5 25,75 37.5,62.5 50,50 .25 87.5,12.5 50,50 37.5,62.5 50,50 62.5,37.5 I .5 75,25 62.5,37.5 50,50 62.5,37.5 75,25 .75 62.5,37.5 50,50 37.5,62.5 50,50 87.5,12.5 1.00 50,50 37.5,62.5 25,75 12.5,87.5 50,50...
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This note was uploaded on 12/25/2010 for the course PO 137 taught by Professor Power during the Fall '10 term at University of California, Berkeley.

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