Game associated with payoff functions


Assignment:

In a two-player zero-sum game on the unit square where Player I’s strategy set is X = [0, 1] and Player II’s strategy set is Y = [0, 1], check whether or not the game associated with each of the following payoff functions has a value, and if so, find the value and optimal strategies for the two players:

a) u(x, y) = 1 +4x + y - 5xy.
b) u(x, y) = 4 +2y - 4xy.

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Game Theory: Game associated with payoff functions
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