Standard conventions in game theory, Mathematics

Assignment Help:

Standard conventions in game theory

Consider the given table:

Y
	3	-4
X	-2	1

X plays row I, Y plays columns I, X wins 3 points
X plays row I, Y plays columns II, X looses 4 points
X plays row II, Y plays columns I, X looses 2 points
X plays row II, Y plays columns II, X wins 1 points

3, -4, -2, 1 are the identified pay offs to X(X takes precedence over Y)

here the game has been represented in the form of a matrix. When the games are expressed in this fashion the resulting matrix is commonly known as PAYOFF MATRIX

Related Discussions:- Standard conventions in game theory

Convert fractions into decimals, 11/20=

11/20=

#title.eular''s constant the numberto the one hundredth, what is the answer...

what is the answer

Prove that xa+ar=xb+br of circle, In figure, XP and XQ are tangents from X ...

In figure, XP and XQ are tangents from X to the circle with centre O. R is a point on the circle. Prove that XA+AR=XB+BR Ans: Since the length of tangents from externa

Limit, limit x APProaches infinity (1+1/x)x=e

limit x APProaches infinity (1+1/x)x=e

Personal assistance needed, I have an original finding on the subject of pr...

I have an original finding on the subject of prime distribution and would like expert help in my endeavors. I have written a paper describing everything in detail and demonstration

2(sin 6+cos6) - 3(sin4+cos4)+1 = 0, 2(sin 6 ?+cos 6 ?) - 3(sin 4 ?+cos 4 ?...

2(sin 6 ?+cos 6 ?) - 3(sin 4 ?+cos 4 ?)+1 = 0 Ans: (Sin 2 ?)3 + (Cos 2 ?)3-3 (Sin 4 ?+(Cos 4 ?)+1=0 Consider (Sin 2 ?)3 +(Cos 2 ?)3 ⇒(Sin 2 ?+Cos 2 ?)3-3 Sin 2 ?Co

.shortiest form, 6 7/10+8 9/4

6 7/10+8 9/4

Logs, log4^(x+2)=log4^8

log4^(x+2)=log4^8

Can religious wars be avoided in the future, To what extent do you think re...

To what extent do you think religious beliefs should justify war? How is this shown in "The Song of Roland"? Cite examples of how religious beliefs have led to war in the last two

Sketch a graph of the microphone signal, Figure shows noise results for a p...

Figure shows noise results for a prototype van measured on a rolling road. The vehicle had a four-cylinder-in-line engine. The engine speed was varied in 3rd gear from just above

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages