Hi all
hope you are well
John enjoys playing two player zero-sum games.
The matrix below shows the losses to John in a particular two player zero-sum game. His strategies are denoted by I, II and III, whereas the strategies for his opponent are denoted by a, b and c.
I II III
a -3 2 4
b 0 1 -1
c 1 3 0
(i) Explain which of John’s strategies is dominated. [2]
The opponent now has the option of a fourth strategy, d, which results in none of John’s strategies being dominated.
(ii) Suggest possible values for the strategy
I am struggling to understand part 2 of question 1...
A further quick question would be around negative numbers. If he is trying to minimise his loss, would a value of -3 = gain of 3 in this example?
thank you
Last edited by a moderator: Mar 18, 2018