Saddle point-game theory, Mathematics

Assignment Help:

Saddle Point

This point in a pay off matrix is one which is the largest value in its column and the smallest value in its row. This is also termed as equilibrium point in the theory of games.

This point gives also the value of a game. In a game having a saddle point, the optimum strategy for both players is to pay the column or row having the saddle point.

Note: if in a game there is no saddle point the players will resort to what is termed as mixed strategies.

 


Related Discussions:- Saddle point-game theory

Integration, how to find area under a curve?

how to find area under a curve?

Probability, An unbiased die is tossed twice .Find the probability of getti...

An unbiased die is tossed twice .Find the probability of getting a 4,5,6 on the first toss and a 1,2,3,4 on the second toss

Algebra, Manuel is a cross-country runner for his school’s team. He jogged ...

Manuel is a cross-country runner for his school’s team. He jogged along the perimeter of a rectangular field at his school. The track is a rectangle that has a length that is 3 tim

5th grade, 6 and 3/8 minus 1 and 3/4

6 and 3/8 minus 1 and 3/4

Obtain the number of significant modes, On the Assessment page for the modu...

On the Assessment page for the module Moodle site you will find five frequency response functions for the frequency range 20 to 100 Hz in the EXCEL spreadsheet "FRF_Data". These a

How much will she owe the fabulous fence company, Kelly plans to fence in h...

Kelly plans to fence in her yard. The Fabulous Fence Company charges $3.25 per foot of fencing and $15.75 an hour for labor. If Kelly requires 350 feet of fencing and the installer

Calculus, The law of cosines can only be applied to acute triangles. Is thi...

The law of cosines can only be applied to acute triangles. Is this true or false?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd