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

#mathematics induction, how many numbers must be selected from the set A={1...

how many numbers must be selected from the set A={1, 3, 5, 7, 9, 11, 13, 15}to guarantee that at least one pair of these numbers add up to16? Explain and justify your answer

Rhjuu, Ask questutfjion #Minimum 100 words accepted#

Ask questutfjion #Minimum 100 words accepted#

What was brian''s total commission on these three sales, Brian is a real es...

Brian is a real estate agent. He forms a 2.5% commission on each sale. During the month of June he sold three houses. The houses sold for $153,000, $299,000, and $121,000. What was

Quadratic Equation, Short Cuts for solving quadratic equations

Short Cuts for solving quadratic equations

representative value or an extreme value, A population forms a normal dist...

A population forms a normal distribution with a mean of μ=80 and a standard deviation of o=15. For every samples, compute the z-score for the sample mean and determine whether the

Find common denominators, Q. Find Common Denominators? What does it mea...

Q. Find Common Denominators? What does it mean? Say you have two fractions, like 1/3 and 8/21 And they have different denominators (3 and 21). Sometimes, you'd prefer

Diffrential integral , All the integrals below are understood in the sense ...

All the integrals below are understood in the sense of the Lebesgue. (1) Prove the following equality which we used in class without proof. As-sume that f integrable over [3; 3]

Normal distribution, Normal Distribution Figure 1 The norm...

Normal Distribution Figure 1 The normal distribution reflects the various values taken by many real life variables like the heights and weights of people or the ma

Envision math common core, how do i write a conjecture about the sum of two...

how do i write a conjecture about the sum of two negative integers.

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