Consider the following parlor game to be played between two players. Each player begins with three chips:
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To begin, each player selects one of her chips and places it on the table, concealed. Both players then uncover the chips and determine the payoff to the winning player. In particular, if both players play the same kind of chip, it is a draw; otherwise, the following table indicates the winner and how much she receives from the other player. Next, each player selects one of her two remaining chips and repeats the procedure, resulting in another payoff according to the following table. Finally, each player plays her one remaining chip, resulting in the third and final payoff.
Formulate this problem as a two-person, zero-sum game by identifying the form of the strategies and payoffs.
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Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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