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Zero-sum games, play-safe strategies and saddle pointsEdexcel A-Level Further Maths: Mind map

Pay-off matrix
Play safe

Zero-sum games

play safe, find the saddle

maximinminimaxvalue
Stable solution
No stable solution
Exam tips

Exam questions on Zero-sum games, play-safe strategies and saddle points

  1. Rose and Colin play a zero-sum game. Rose chooses a row and Colin chooses a column, and the pay-off matrix shows Rose's winnings: (172456203)\begin{pmatrix} 1 & 7 & 2 \\ 4 & 5 & 6 \\ 2 & 0 & 3 \end{pmatrix}.
    Show that the game has a stable solution and state its value.2 marks
  2. Rose and Colin play a different zero-sum game, with Rose choosing the rows and Colin the columns. Rose's pay-off matrix is (−13−22−34)\begin{pmatrix} -1 & 3 & -2 \\ 2 & -3 & 4 \end{pmatrix}.
    Explain why this game has no stable solution.2 marks
  3. Two online retailers, Aria and Bolt, each choose one of three advertising strategies. The pay-off matrix shows Aria's gain in market share (percentage points) for each pair of strategies, where Aria chooses the rows and Bolt the columns, and xx is a constant: (4264x5170)\begin{pmatrix} 4 & 2 & 6 \\ 4 & x & 5 \\ 1 & 7 & 0 \end{pmatrix}. Any gain for Aria is an equal loss for Bolt.
    Given that x=1x=1, find each retailer's play-safe strategy and show that the game has no stable solution.3 marks
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Written by the Exaim team, led by Shaun Daswani (Head of Upper Secondary, Improve ME Institute; MSc Financial Mathematics, Imperial College London; BSc, UCL) and Jason Daswani (operational lead, Improve ME Institute; LSE).