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Use the relation of dominance to solve the rectangular game whose payoff matrix to A is given in the following table.
1 Answer
written 8.4 years ago by |
First checking for saddle point:
Maximin value = 2; minimax value = 4
Hence there is no saddle point.
By rules of dominance:
Finding probabilities by method of oddments:
$\text{Value of the game} = 4 × \dfrac23 + 0 × \dfrac13 = \dfrac83$
OR $= 0 × \dfrac23 + 8 × \dfrac13 = \dfrac83$
$\text{Optimal strategy for A} = \bigg(0, 0, \dfrac23 , \dfrac13 \bigg) \\ \text{Optimal strategy for B} = \bigg(0, 0, \dfrac23 , \dfrac13 \bigg) \\ \text{Value of the game} = \dfrac83$