This preview shows page 1. Sign up to view the full content.
Unformatted text preview: the
proposed
law
regardless
of
what
the
other
congressman
does.
The
minimum
value
for
each
C
is
31
(assuming
we
are
only
using
integers)
to
ensure
that
both
Congressmen
will
vote
for
the
proposed
law.
OR
2.
Nash
equilibrium
without
dominant
strategy
requirement:
find
the
solution
where
the
intersection
of
the
congressmen’s
responses
is
where
they
both
vote
for
the
proposed
law,
regardless
of
whether
or
not
it
will
be
the
dominant
strategy
for
both
congressmen
to
always
vote
for
the
proposed
law.
The
minimum
value
for
CF
is
31
(assuming
we
are
only
using
integers),
and
the
minimum
value
for
CB
is
11.
Or
vice
versa.
e. Explain
in
words
why
this
situation
is
“strategic.”
That
is,
why
does
Frank
care
what
Be...
View
Full
Document
This document was uploaded on 03/27/2014 for the course ECON 115 at Yale.
 Fall '07
 StevenBerry
 Microeconomics, Price Discrimination

Click to edit the document details