In this lesson, we will learn how to represent a game using matrices.
Students will be able to
Q1:
What is the definition of a saddle point of a payoff matrix?
Q2:
Use dominance to reduce the payoff matrix 1110234.
What are the optimal strategies for player 𝑅 (row) and player 𝐶 (column)?
Q3:
What can you conclude if the second row of the payoff matrix 𝑃 does not dominate the fourth row?
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