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

Find the probability density function, 1. The lifetime T (in days) of an el...

1. The lifetime T (in days) of an electrical component has reliability function given by: R(t) = e -0.01t for time t > 0. An electrical system consists of four such components. Th

Algebra, Hi, I don''t know how to solve 2(5x+3)

Hi, I don''t know how to solve 2(5x+3)

Shares and dividend, i need some information on this topic for my holidays ...

i need some information on this topic for my holidays project..plz guide me what to do

Factor , #Mai iss 3 years younger than twice the age of her brother . If b ...

#Mai iss 3 years younger than twice the age of her brother . If b represents the age of Mai''s brother .which expression below represents Mai''s age 2-3b 3-2b 2b-3 3b-2 2-3b 3-2b q

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