Mathematics Old and New by Saul Stahl Paul E. Johnson

Author:Saul Stahl,Paul E. Johnson
Language: eng
Format: epub, mobi
Publisher: INscribe Digital
Published: 2017-02-28T16:00:00+00:00

Suppose first that Charlie is informed of Ruth’s decision when he makes his own, and that Ruth is aware of this fact. Then Ruth will reason as follows:

If I select row 1, Charlie will opt for the payoff pair (2, 3).

If I select row 2, Charlie will opt for one of the payoff pairs (5, 4) and (7, 4).

If I select row 3, Charlie will opt for the payoff pair (6, 8).

The maximin strategy then will direct Ruth to select row 3 and Charlie to choose column 3 resulting in an outcome with payoff pair (6, 8).

On the other hand, if Ruth is the one who is informed of Charlie’s decision when she makes her own, and if Charlie is aware of this fact, then he will reason as follows:

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