(OTHER SOLUTION CONCEPTS) Consider the 4x3 game depicted below. A f1,2 1,2 0,31 B 4,0 1,3 0,2 C 3,1 2,1 1,2 D Lo, 2 0,1 2,4] (a) What is/are MAXIMIN strategy of PLAYER 1? (b) What is/are MAXIMIN strategy of PLAYER 2? (c) What is/are MINIMAX strategy of PLAYER 1 against PLAYER 2?

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Answer a,b and c only

(OTHER SOLUTION CONCEPTS) Consider the 4x3 game depicted below.
А [1,2 1,2 0,37
B 4,0 1,3 0,2
с 13,1 2,1 1,2
D Lo, 2 0,1 2,4]
(a) What is/are MAXIMIN strategy of PLAYER 1?
(b) What is/are MAXIMIN strategy of PLAYER 2?
(c) What is/are MINIMAX strategy of PLAYER 1 against PLAYER 2?
(d) What is/are MINIMAX strategy of PLAYER 2 against PLAYER 1?
(e) What is/are MINIMAX REGRET strategy of PLAYER 1?
(f) What is/are MINIMAX REGRET strategy of PLAYER 2?
Transcribed Image Text:(OTHER SOLUTION CONCEPTS) Consider the 4x3 game depicted below. А [1,2 1,2 0,37 B 4,0 1,3 0,2 с 13,1 2,1 1,2 D Lo, 2 0,1 2,4] (a) What is/are MAXIMIN strategy of PLAYER 1? (b) What is/are MAXIMIN strategy of PLAYER 2? (c) What is/are MINIMAX strategy of PLAYER 1 against PLAYER 2? (d) What is/are MINIMAX strategy of PLAYER 2 against PLAYER 1? (e) What is/are MINIMAX REGRET strategy of PLAYER 1? (f) What is/are MINIMAX REGRET strategy of PLAYER 2?
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