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

Homomorphism, Let G be a group acting on a set X. The action is called fait...

Let G be a group acting on a set X. The action is called faithful if for any g ≠ 1 ∈ G there exists an x ∈ X such that gx ≠ x. That is, only the identity fi xes everything. Prov

Evaluate the subsequent inverse trigonometric functions, Evaluate the subse...

Evaluate the subsequent inverse trigonometric functions: Evaluate the subsequent inverse trigonometric functions. arcsin   0.3746 22° arccos  0.3746 69° arctan  0.383

Which of the following sets are equal, Which of the following sets are equa...

Which of the following sets are equal? S 1 = {1, 2, 2, 3}, S 2 = {x | x 2 - 2x + 1 = 0}, S 3 = {1, 2, 3}, S 4 = {x | x 3 - 6x

Service marketing, assignment of marketing mix on healthservices

assignment of marketing mix on healthservices

Trignometry: sin-3x, sin(2x+x)=sin2x.cosx+cos2x.sinx              =2sinxco...

sin(2x+x)=sin2x.cosx+cos2x.sinx              =2sinxcosx.cosx+(-2sin^2x)sinx              =2sinxcos^2+sinx-2sin^3x             =sinx(2cos^2x+1)-2sin^3x =sinx(2-2sin^2x+1)-2sin^3

Comercial maths, solve a trader purchases coffee at the rate of Rs. 350 per...

solve a trader purchases coffee at the rate of Rs. 350 per kg and mixes it with chicory bought at the rate of Rs.750 per kg in the ratio 5:2.If he sells the mixture at the rate of

Highest common factor (hcf), We know that a factor is a quantity whic...

We know that a factor is a quantity which divides the given quantity without leaving any remainder. Similar to LCM above we can find a highest common factor (HCF)

The paperwork to purchase your new home, You recently started the paperwork...

You recently started the paperwork to purchase your new home, and you were just notified that you can move into the house in two weeks. You decide to hire a moving company, but are

Trigonometry, 1-tan^2 A/1+tan^2 = cos A - sinA/cos A

1-tan^2 A/1+tan^2 = cos A - sinA/cos A

Partial Differential Equations Walter A Strauss, Find the full fourier Seri...

Find the full fourier Series of e^x on (-l,l)in its real and complex forms. (hint:it is convenient to find the complex form first)

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