Question: Consider the game below: Player 1 and player II each have two pennies. Each player holds 0 , 1 , or 2 pennies in his
Consider the game below:
Player and player II each have two pennies. Each player holds or pennies
in his left hand and the remainder of the pennies or respectively in his
right hand. Each player reveals both hands simultaneously. If the number of
coins in one of player Is hands is greater than the number of coins in the
respective hand of player II player wins the difference in pennies; otherwise,
no money is exchanged.
a Which player is favored in the game? No work is required here!
b Find the von Neumann value and the optimal strategy for each player in the
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