Consider the following finger game between Ron (rows) and Cathy (columns): Each points either 1 or 2
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Consider the following finger game between Ron (rows) and Cathy (columns): Each points either 1 or 2 fingers at the other. If they match, Ron pays Cathy $2. If Ron points 1 finger and Cathy points 2, Cathy pays Ron $3. If Ron points 2 fingers and Cathy points 1, Cathy pays Ron $1.
(A) Set up a payoff matrix for this game.
(B) Use formulas from Section 11.2 to find the optimal strategies for Ron and for Cathy.
Formula from section 11.2
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Related Book For
Finite Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780134862620
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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