Figure 3:
Graph with two downward-sloping curves labeled ψ?(γ) and ψ_b(γ), plotted against γ on the horizontal axis and S on the vertical. Horizontal dashed lines mark S?? and S?_b, and a vertical dashed line marks the corresponding γ value.

Let

ψi(γ)
represent the locus of optimal contributions,Si,to candidatei = a,b over all possible values of 7. If
Sa>Sb
for a given 7, the two values are converging as 7 increases, implying
(Sa/Sb)/γ0.

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