Question: solve it on paper and make it more clear please Coin Toss Game with Bluffing Bluffing in a game? A fair coin is tossed, and

solve it on paper and make it more clear please

solve it on paper and make it more clear please

Coin Toss Game with Bluffing Bluffing in a game? A fair coin is tossed, and the result is shown to player 1. Player 1 must then decide whether to pass or bet. If player 1 passes, then he must pay player 2 $1. If player 1 bets, then player 2 (who does not know the result of the coin toss) may either fold or call the bet. If player 2 folds, then she pays player 1 $1. If player 2 calls and the coin comes up heads, then she pays player 1 $2; if player 2 calls and the coin comes up tails, then player 1 must pay her $2. Formulate this as a two-person zero-sum game. Then graphically determine the value of the game and each player's optimal strategy

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