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The Table Below Shows the Payoffs to the Running of Negative

question 37

Multiple Choice

The table below shows the payoffs to the running of negative and positive political ads by two candidates.The payoffs are the percentage increase or decrease in the number of voters willing to vote for the candidate as a result of the campaign styles.  Republican Candidate Democratic Candidate  Positive Campaign  Negative Campaign  Positive Campaign  Democrat 0% Republican 0% Democrat 3% Republican: +3% Negative Campaign  Democrat +5% Republican: 5% Democrat 2% Republican: 2%\begin{array}{c}\quad \quad \quad \quad \quad \quad\quad\quad\quad\quad\quad \quad \text { Republican Candidate } \\\text {Democratic Candidate } \begin{array}{|l|l|l|}\hline & \text { Positive Campaign } & \text { Negative Campaign } \\\hline \text { Positive Campaign } & \begin{array}{l}\text { Democrat } 0 \% \\\text { Republican } 0 \%\end{array} & \begin{array}{l}\text { Democrat }-3 \% \\\text { Republican: }+3 \%\end{array} \\\hline {\text { Negative Campaign }} & \begin{array}{l}\text { Democrat }+5 \% \\\text { Republican: }-5 \%\end{array} & \begin{array}{l}\text { Democrat }-2 \% \\\text { Republican: }-2 \%\end{array} \\\hline\end{array}\end{array}
Refer to the figure above.Given the payoff matrix,the Nash equilibrium will be that:


Definitions:

Herzberg

Refers to Frederick Herzberg, an American psychologist best known for the Motivation-Hygiene Theory, which suggests that certain factors in the workplace lead to job satisfaction while a separate set of factors cause dissatisfaction.

Job Security

A condition in which an individual has a high likelihood of remaining employed without the risk of becoming unemployed.

Recognition

The act of acknowledging or identifying something as valid or as having a particular status.

Advancement

The process of moving forward in one's career, which may involve a higher position, increased responsibilities, or better salary.

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