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

1, how do you find the perimeter of an equalateral triangle

how do you find the perimeter of an equalateral triangle

Prove that cos - sin = v2 sin , If cos?+sin? = √2 cos?, prove that cos? - ...

If cos?+sin? = √2 cos?, prove that cos? - sin? =  √2 sin ?. Ans:    Cos? + Sin? =  √2 Cos? ⇒ ( Cos? + Sin?) 2  = 2Cos 2 ? ⇒ Cos 2 ? + Sin 2 ?+2Cos? Sin? = 2Cos 2 ? ⇒

Stratified sampling, Stratified sampling In stratified sampling case t...

Stratified sampling In stratified sampling case the population is divided into groups in such a way that units in each group are as same as possible in a process called strati

Describe about parallel and perpendicular lines, Describe about Parallel an...

Describe about Parallel and Perpendicular Lines ? Parallel Lines : Parallel lines are coplanar lines (lines that lie in the same plane) that never intersect. The bl

Lines, i dont understand angels and lines

i dont understand angels and lines

3-d coordinate system - three dimensional spaces, The 3-D Coordinate System...

The 3-D Coordinate System We will start the chapter off with a quite brief discussion introducing the 3-D coordinate system and the conventions that we will be utilizing.  We

Functions, find the domain of the function f(x) = (| sin inverse sin x | - ...

find the domain of the function f(x) = (| sin inverse sin x | - cos inverse cos x) ^ 1/2

Matrices, (e) Solve the following system of equations by using Matrix meth...

(e) Solve the following system of equations by using Matrix method. 3x + 2y + 2z = 11 x + 4y + 4z = 17 6x + 2y + 6z = 22

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