Assignment:
For the game having the following payoff table, use the graphical procedure described in sec. 14.4 to determine the value of the game and the optimal mixed strategy for each player. What is the value of the game?
|
Strategy
|
Player 2
|
|
1
|
2
|
3
|
|
Player 1
|
1
|
4
|
3
|
1
|
|
2
|
0
|
1
|
2
|
Use the linear programming formulation to compute the optimal mixed strategy for each player.
Provide complete and step by step solution for the question and show calculations and use formulas.