Question
Le Petit Olympia and LAubergeade are the only 2 luxury restaurants that serve authentic French cuisine in Toronto. The following payoff table shows the gain
Le Petit Olympia and LAubergeade are the only 2 luxury restaurants that serve authentic French cuisine in Toronto. The following payoff table shows the gain in market share for Le Petit Olympia for each combination of strategies. Since it is a zero-sum game, any increase in market share for Le Petit Olympia is a loss in market share for L'Aubergeade.
Find out the values of A to F:
A =
B =
C =
D =
E =
F =
What is the value of the game?
Is there a pure strategy? (write yes or no)
If there is pure strategy, Le Petit Olympia should choose ____ (write either a1, a2 or a3)
If there is pure strategy, LAubergeade should choose ____ (write either b1, b2 or b3)
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