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  3. 1 throughout this question assume that you are one of...

Question: 1 throughout this question assume that you are one of...

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1. Throughout this question, assume that you are one of only three voters. Suppose voters are only concerned with the quality of candidates. In particular, let q R L be the difference in quality between candidate R and candidate L. There is no cost of voting and the utility is equal to one if the higher quality candidate wins and zero otherwise The winner is determined by majority rule. When q is observable, each voter votes for the higher quality candidate and gains utility of one (c) What is your expected utility if all three of you voted? (Hint: consider all possible states)

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