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Standard conventions in game theory
Consider the given table:
Y
3
-4
X
-2
1
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
OQRS IS A QUADRILATERAL SUCH THAT OQ= -6,3 OR= -3,7 AND OS= 1,5. T IS ON OQ SUCH THAT OT: TQ= 1:2 PROVE THAT QRST IS AA PARALLEGRRAM
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Solution by Factorization, please solve quadratic equations by Factorization.
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