Calculate the value of the game and find optimal strategies

Reference no: EM131332561

Answer the following questions for the zero-sum game with incomplete information with two players I and II, in which each player has two types, TI = {I1, I2} and TII = {II1, II2}, the common prior over the type vectors is

p(I₁,II₁) = 0.4, p(I₁, II₂) = 0.1, p(I₂, II₁)= 0.2, p(I₂, II₂) = 0.3.

1821_Matrix 06.jpg

(a) List the set of pure strategies of each player.

(b) Depict the game in strategic form.

Reference no: EM131332561

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