Q1. Explain the concept of two-person zero- sum game strategy and saddle point. Also provide a suitable example. A. In a certain game player has three possible courses of action L, M and N, while B has two possible choices P and Q. Payments to be made according to the choice made. Choices PaymentsL,P A pays B OMR 4L,Q B pays A OMR 4M,P A pays B OMR 3M,Q B pays A OMR 4N,P B pays A OMR 3N,Q B pays A OMR 4 What are the best strategies for players A and B in this game? What is the value of the game for A and B? For what value of q, the game with the following payoff matrix is strictly determinable? Player APlayer B B1B2B3A1Q73A2-1Q-6A3-35Q

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Explain the concept of two-person zero- sum game strategy and saddle point. Also provide a suitable example

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Question

Q1.

Explain the concept of two-person zero- sum game strategy and saddle point. Also provide a suitable example.

A. In a certain game player has three possible courses of action L, M and N, while B has two possible choices P and Q. Payments to be made according to the choice made.

Choices	Payments
L,P	A pays B OMR 4
L,Q	B pays A OMR 4
M,P	A pays B OMR 3
M,Q	B pays A OMR 4
N,P	B pays A OMR 3
N,Q	B pays A OMR 4

What are the best strategies for players A and B in this game? What is the value of the game for A and B?

For what value of q, the game with the following payoff matrix is strictly determinable?

Player A	Player B
	B1	B2	B3
A1	Q	7	3
A2	-1	Q	-6
A3	-3	5	Q

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