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

Tangents, two circle of radius of 2cm &3cm &diameter of 8cm dram common tan...

two circle of radius of 2cm &3cm &diameter of 8cm dram common tangent

Gaussian elimination, Example1 :  Solve the subsequent system of equations....

Example1 :  Solve the subsequent system of equations. -2x 1 + x 2 - x 3 = 4 x 1 + 2x 2 + 3x 3   = 13 3x 1 + x 3 = -1 Solution The initial step is to write d

Determine whether the following numbers are odd or even, Determine whether ...

Determine whether the following numbers are odd or even: Examples: Determine whether the following numbers are odd or even:  364, 1068, & 257. Solution: 1.

Iti, Gm signal is better than am signal becuase

Gm signal is better than am signal becuase

Which formula he use if he does not paint bottom of tank, Al is painting a ...

Al is painting a right cylinder storage tank. In sequence to purchase the correct amount of paint he requires to know the total surface area to be painted. Which formula will he us

Find relative extrema f ( x ) = x2 on [-2, Recognizes the absolute extrema...

Recognizes the absolute extrema & relative extrema for the given function.  f ( x ) = x 2        on                  [-2, 2] Solution Following is the graph for this fun

Polynomials, for what value of k,the following system of equations have inf...

for what value of k,the following system of equations have infinite solutions?kx + 5y -(k-5)=0;20x +ky - k=0

In terms of x what is the volume of the rectangular prism, The dimensions o...

The dimensions of a rectangular prism can be expressed as x + 1, x - 2, and x + 4. In terms of x, what is the volume of the prism? Since the formula for the volume of a rectang

Ratio, ther are 162 student in a school.20 of them are girls .how many are ...

ther are 162 student in a school.20 of them are girls .how many are boy

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