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

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)

Argument, what is the difference between argument and principle argument

what is the difference between argument and principle argument

Definition of laplace transforms, You know that it's all the time a little ...

You know that it's all the time a little scary while we devote an entire section just to the definition of something. Laplace transforms or just transforms can appear scary while w

Intrgers, how to evaluate the sums

how to evaluate the sums

Quadratic equation whose roots are real, Write the quadratic equation whose...

Write the quadratic equation whose roots are real and non conjugate Ans)  x^2-x+6=0 ...roots are real and non conjugate

What is box-and-whisker plot, Q. What is Box-and-Whisker Plot? Ans. ...

Q. What is Box-and-Whisker Plot? Ans. Line graphs or stem-and-leaf plots become difficult to manage when there is a large amount of data. Box-and-whisker plots help summa

Engg maths, How to get assignment to solve and earn money

How to get assignment to solve and earn money

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