Question: Can you explain this example and explain the attached solution method - For the game with the following payoff matrix, determine the optimum strategies and
- For the game with the following payoff matrix, determine the optimum strategies and the value of the game: B A[5314]SA=[A1p1A2p2]andSB=[B1q1B2q2];p1+p2=1,q1+q2=1 ample-2 If E(p,q) denotes the expected payoff function, then E(p,q)=5p1q1+3(1p1)q1+1p1(1q1)+4(1p1)(1q1)=5p1q13p1q1+4=5(p11/5)(q13/5)+17/5 If p1=1/5,A ensures that his expectation is atieast 17/5. A can't be sure of more than 17/5, because q1=3/5,B can keep E(p1,q1) down to 17/5. Hence optimum strategy for A and B are: SA=[A11/5A24/5],SA=[B13/5B22/5] and the value of the game is v=17/5
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