<< Chapter < Page Chapter >> Page >
This chapter covers principles of game theory. After completing this chapter students should be able to: solve strictly determined games and solve games involving mixed strategies.

Strictly determined games

Determine whether the games are strictly determined. If the games are strictly determined, find the optimal strategies for each player and the value of the game.

  1. 1 2 2 3 size 12{ left [ matrix { 1 {} # 2 {} ##- 2 {} # 3{} } right ]} {}

  2. 6 3 2 1 size 12{ left [ matrix { 6 {} # 3 {} ##2 {} # 1{} } right ]} {}

  3. 1 3 2 0 3 1 1 2 4 size 12{ left [ matrix { - 1 {} # - 3 {} # 2 {} ##0 {} # 3 {} # - 1 {} ## 1 {} # - 2 {} # 4{}} right ]} {}

  4. 2 0 4 3 4 2 0 2 3 size 12{ left [ matrix { 2 {} # 0 {} # - 4 {} ##3 {} # 4 {} # 2 {} ## 0 {} # - 2 {} # - 3{}} right ]} {}

  5. 0 2 1 1 1 1 3 2 size 12{ left [ matrix { 0 {} # 2 {} ##- 1 {} # - 1 {} ## - 1 {} # 1 {} ##3 {} # 2{} } right ]} {}

  6. 5 3 2 3 1 4 size 12{ left [ matrix { 5 {} # - 3 {} # 2 {} ##3 {} # - 1 {} # 4{} } right ]} {}

  1. The game is strictly determined. Optimal strategy for the row player is to always play row 1 and never row 2. In other words, his strategy is 1 0 size 12{ left [ matrix { 1 {} # 0{}} right ]} {} . The optimal strategy for the column player is to always to play column 1 and never play column 2. We write it as 1 0 size 12{ left [ matrix { 1 {} ##0 } right ]} {} . When both players play their optimal strategy, the value of the game is 1.
  2. The game has no saddle point, therefore, it is not strictly determined.
  3. The game is strictly determined. The optimal strategy for the row player is to always play row 4, and never play any other row. We write his strategy as 0 0 0 1 size 12{ left [ matrix { 0 {} # 0 {} # 0 {} # 1{}} right ]} {} . The column player’s strategy is 0 1 size 12{ left [ matrix { 0 {} ##1 } right ]} {} . The value of the game is 2.
Got questions? Get instant answers now!

Two players play a game which involves holding out one or two fingers simultaneously. If the sum of the fingers is more than 2, Player II pays Player I the sum of the fingers; otherwise, Player I pays Player II the sum of the fingers.

  1. Write a payoff matrix for Player I.
  2. Find the optimal strategies for each player and the value of the game.
Got questions? Get instant answers now!

A mayor of a large city is thinking of running for re-election, but does not know who his opponent is going to be. It is now time for him to take a stand for or against abortion. If he comes out against abortion rights and his opponent is for abortion, he will increase his chances of winning by 10%. But if he is against abortion and so is his opponent, he gains only 5%. On the other hand, if he is for abortion and his opponent against, he decreases his chance by 8%, and if he is for abortion and so is his opponent, he decreases his chance by 12%.

  1. Write a payoff matrix for the mayor.
  2. Find the optimal strategies for the mayor and his opponent.
  1. . 05 . 10 . 08 . 12 size 12{ left [ matrix { "." "05" {} # "." "10" {} ##- "." "08" {} # - "." "12"{} } right ]} {}
  2. The optimal strategy for the mayor is 1 0 size 12{ left [ matrix { 1 {} # 0{}} right ]} {} and for his opponent is 1 0 size 12{ left [ matrix { 1 {} ##0 } right ]} {} . In other words, both candidates should oppose abortion rights.
Got questions? Get instant answers now!

A man accused of a crime is not sure whether anybody saw him do it. He needs to make a choice of pleading innocent or pleading guilty to a lesser charge. If he pleads innocent and nobody comes forth, he goes free. However, if a witness comes forth, the man will be sentenced to 10 years in prison. On the other hand, if he pleads guilty to a lesser charge and nobody comes forth, he gets a sentence of one year and if a witness comes forth, he gets a sentence of 3 years.

  1. Write a payoff matrix for the accused.

  2. If you were his attorney, what strategy would you advise?

Got questions? Get instant answers now!

Non-strictly determined games

Determine the optimal strategies for both the row player and the column player, and find the value of the game.

  1. 1 1 1 1 size 12{ left [ matrix { - 1 {} # 1 {} ##1 {} # - 1{} } right ]} {}

  2. 1 1 4 0 size 12{ left [ matrix { 1 {} # - 1 {} ##- 4 {} # 0{} } right ]} {}

  3. 3 2 2 4 size 12{ left [ matrix { 3 {} # - 2 {} ##2 {} # 4{} } right ]} {}

  4. 3 2 1 4 size 12{ left [ matrix { - 3 {} # 2 {} ##1 {} # - 4{} } right ]} {}

  1. The optimal strategy for the row player is 1 / 2 1 / 2 size 12{ left [ matrix { 1/2 {} # 1/2{}} right ]} {} . The optimal strategy for the column player is 1 / 2 1 / 2 size 12{ left [ matrix { 1/2 {} ##1/2 } right ]} {} . The value of the game is 0.

  2. Optimal strategy for the row player is 2 / 7 5 / 7 size 12{ left [ matrix { 2/7 {} # 5/7{}} right ]} {} . The optimal strategy for the column player is 6 / 7 1 / 7 size 12{ left [ matrix { 6/7 {} ##1/7 } right ]} {} . The value of the game is 16 / 7 size 12{"16"/7} {} .

Got questions? Get instant answers now!

Questions & Answers

if three forces F1.f2 .f3 act at a point on a Cartesian plane in the daigram .....so if the question says write down the x and y components ..... I really don't understand
Syamthanda Reply
hey , can you please explain oxidation reaction & redox ?
Boitumelo Reply
hey , can you please explain oxidation reaction and redox ?
Boitumelo
for grade 12 or grade 11?
Sibulele
the value of V1 and V2
Tumelo Reply
advantages of electrons in a circuit
Rethabile Reply
we're do you find electromagnetism past papers
Ntombifuthi
what a normal force
Tholulwazi Reply
it is the force or component of the force that the surface exert on an object incontact with it and which acts perpendicular to the surface
Sihle
what is physics?
Petrus Reply
what is the half reaction of Potassium and chlorine
Anna Reply
how to calculate coefficient of static friction
Lisa Reply
how to calculate static friction
Lisa
How to calculate a current
Tumelo
how to calculate the magnitude of horizontal component of the applied force
Mogano
How to calculate force
Monambi
a structure of a thermocouple used to measure inner temperature
Anna Reply
a fixed gas of a mass is held at standard pressure temperature of 15 degrees Celsius .Calculate the temperature of the gas in Celsius if the pressure is changed to 2×10 to the power 4
Amahle Reply
How is energy being used in bonding?
Raymond Reply
what is acceleration
Syamthanda Reply
a rate of change in velocity of an object whith respect to time
Khuthadzo
how can we find the moment of torque of a circular object
Kidist
Acceleration is a rate of change in velocity.
Justice
t =r×f
Khuthadzo
how to calculate tension by substitution
Precious Reply
hi
Shongi
hi
Leago
use fnet method. how many obects are being calculated ?
Khuthadzo
khuthadzo hii
Hulisani
how to calculate acceleration and tension force
Lungile Reply
you use Fnet equals ma , newtoms second law formula
Masego
please help me with vectors in two dimensions
Mulaudzi Reply
how to calculate normal force
Mulaudzi
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Applied finite mathematics. OpenStax CNX. Jul 16, 2011 Download for free at http://cnx.org/content/col10613/1.5
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Applied finite mathematics' conversation and receive update notifications?

Ask