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

Word problem, a recipe good for 4 servings require 1/8 tsp. black pepper an...

a recipe good for 4 servings require 1/8 tsp. black pepper and 1/2 tsp. of salt. how much black pepper and how much salt needed for 2 servings?

Hypothesis testing of the difference between proportions, Hypothesis Testin...

Hypothesis Testing Of The Difference Between Proportions Illustration Ken industrial producer have manufacture a perfume termed as "fianchetto." In order to test its popul

Convergence, Assume that (xn) is a sequence of real numbers and that a, b €...

Assume that (xn) is a sequence of real numbers and that a, b € R with a is not eaqual to 0. (a) If (x n ) converges to x, show that (|ax n + b|) converges to |ax + b|. (b) Give

Find the length of the rectangle, Suppose that the width of a rectangle is ...

Suppose that the width of a rectangle is three feet shorter than length and that the perimeter of the rectangle is 84 feet. a)    Set up an equation for the perimeter involving

Unipolar and bipolar boolean inputs, A 4-input Neuron has weights (1,-1,  0...

A 4-input Neuron has weights (1,-1,  0,  0.5.Calculate the network output when the following input vectors are applied. For calculation assume: a. f(net) = unipolar bina

The appropriate resource constraint, Consider a person's decision problem i...

Consider a person's decision problem in trying to decide how many children to have. Although she cares about children and would like to have as many as possible, she knows that chi

Series - convergence or divergence, Series - Convergence/Divergence In ...

Series - Convergence/Divergence In the earlier section we spent some time getting familiar with series and we briefly explained convergence and divergence.  Previous to worryin

E is irrational, If e were rational, then e = n/m for some positive integer...

If e were rational, then e = n/m for some positive integers m, n. So then 1/e = m/n. But the series expansion for 1/e is 1/e = 1 - 1/1! + 1/2! - 1/3! + ... Call the first n v

My daugther needs help, my daughter is having trouble with math she cant un...

my daughter is having trouble with math she cant understand why please help us

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