Pay-off matrices and play-safe strategies Quiz
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5 questions, one answer each
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1. Rowan's pay-off matrix has row minima , and . What is Rowan's play-safe strategy?
- A. Row 1
- B. Row 3
- C. Row 2
- D. Cannot be found
2. Column maxima of a pay-off matrix are , and . What is the minimax and which column is Colin's play-safe choice?
- A. , column 2
- B. , column 1
- C. , column 3
- D. , column 3
3. A game has maximin and minimax . Which statement is true?
- A. The value of the game is 2
- B. The game has no stable solution
- C. The game is stable with value 1
- D. The game is stable with value 3
4. In a stable game with maximin minimax , what is the value of the game?
- A. Less than 4
- B. The mean of the row minima
- C. 4
- D. Between 0 and 4
5. The matrix gives pay-offs to Rowan. What is Colin's pay-off when Rowan's entry is ?
- A.
- B.
- C.
- D. It depends on the column