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solve the game 25. A company management and the Labor union are negotiating a new 3 gear settlement. Each of these has four strategies. i)

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solve the game

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25. A company management and the Labor union are negotiating a new 3 gear settlement. Each of these has four strategies. i) Hard and Aggressive Bargaining iilReasoning and Logical Approach ii) Legalistic Strategy, iv) Conciliatory Approach. The costs of the company are given for every pair of strategy choice Company Strategies Y1 Y2 Y3 Y4 X1 19 6 7 5 _ _ X2 7 3 14 6 UnIon Strategies X3 12 8 18 4 X4 8 7 13 -1 What strategy will two sides adopt? Also determine the value of the game. ._.. .u.u3.uy.. -- (Ill). Graphical method 26. Solve the following game using graphical method Player B 2 3 4 4 Player A 6 4 3 1 5 0 27. Solve the following game graphically and find the value of the game. Player B 6 4 3 Player A 1 4 8 28. Solve the following game graphically and find the value of the game. Player B 2 2 3 1 4 3 2 6 29. Solve the following game graphically and find the value of the game. Player A Player B 5 PlayerA waw 4 3 7 Solve the game : B1 b2 63 b4 A1 3 5 4 2 A2 5 6 2 4 A A3 2 1 4 0 A4 3 3 5 2 The following is the pay off matrix of a game being played by a and b. determine the optimal strategies for the players and the value of the game. B's strategy B1 b2 A1 8 -7 A2 -6 4 solve the following game using graphical approach B1 62 b3 b4 Al 8 5 -7 9 A2 -6 6 4Solve the following game: Player a Player b 172 627 516 Solve the game graphically: A4 Bl. Bl

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