Question
For a two-person zero-sum game between X and Y, the payoff matrix for X is: Y1 Y2 Y3 X1 1 4 2 X2 4 1
For a two-person zero-sum game between X and Y, the payoff matrix for X is:
Y1 | Y2 | Y3 | |
X1 | 1 | 4 | 2 |
X2 | 4 | 1 | 2 |
Formulate the linear program for finding the best mixed strategy for X that maximizes its minimum expected pay off, EP, with p1 and p2 bein the respective probabilities for playing strategies X1 and X2.
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Get StartedRecommended Textbook for
Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
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