Question: maximize their return. Linear algebra can be used to describe this situation exactly how linear algebra enters into formulating strategies. Key Words: Two person zero-sum

 maximize their return. Linear algebra can be used to describe this

maximize their return. Linear algebra can be used to describe this situation exactly how linear algebra enters into formulating strategies. Key Words: Two person zero-sum game, Payoff matrix, Strategy, Expected payoff, Optimal strategy. valde game, Saddle point, Fundamental theorem of a 2-person zero-sum game. References: Basic books on Operations Research (a branch of applied mathematics which studies these types of problems) are a good place to look for information. http://www.zweigmedia.com/pdfs/GameTheory.pdf Problem 1: Suppose that a game pays off according to the following table: ii ii iv -464 1 A il ili -8 0 -7 3. -2 (a) Suppose that player A uses strategy i half of the time, strategy ii half of the time, and strategy ii none of the time. Suppose also that player B uses each of the four strategies one fourth of the time. Find the expected payoff of the game. (b) If player B keeps his strategy the same as in part (a), what strategy should player A choose to maximize her expected payoff? (c) If player A keeps her strategy the same as in part (a), what strategy should player B choose to maximize his expected payoff? ahlem 2: Determine the optimal pure strategies under the minimax criterion for both players. Indicate datermined, and give its value if this is the case. B

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