What is the Maxi-Min strategy for player 1 and for player 2? Explain why. What are the Nash equilibrium or equilibria for this game? Explain why. What kind of game is this? Argue what is the most likely outcome.
Suppose that player 1 (row) and player 2 (column) play a simultaneous game. Player 1 can choose to go out (Go) or stay at home (Stay). Player 2 can then choose whether to buy tickets to the movies (Movie), to the basketball game (Game) or not buy tickets (None). This game is shown below.
Player 1(row) Player 2 (column)
Movie Game None Go (6, 4) (4, 6) (0, 0)
Stay (2, - 2) (2, - 4) (3, 3)
What is the Maxi-Min strategy for player 1 and for player 2? Explain why.
What are the Nash equilibrium or equilibria for this game? Explain why.
What kind of game is this? Argue what is the most likely outcome.
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 3 images
