Question: Consider a game having the following payoff table: Without eliminating dominated strategies, use the minimax (or maximin) criterion to determine the best strategy for each

Consider a game having the following payoff table:

Consider a game having the following payoff

  1. Without eliminating dominated strategies, use the minimax (or maximin) criterion to determine the best strategy for each of the players.

  1. Identify and eliminate dominated strategies as far as possible. Make a list of dominated strategies, showing the order in which you were able to eliminate them. Then, show the resulting reduced payoff table with no remaining dominated strategies.

  1. Compare the outcomes of approaches used in a) and b) and comment on the results.

Strategy Player 1 1 2 3 1 2 1 3 Player 2 2 3 4 -2 3 1 0 -1

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