1. Game Theory Solutions 1
Find the saddle point for the game having the following payoff table. Use the minimax criterion to find the best strategy for each player. Does this game have a saddle point? Is it a stable game?
Player 2
Strategy 1 2 3
Player -1 -2
Soln:

2. Game Theory Solutions 5
For the game having the following payoff table, use the graphical procedure to determine the value of the game and the optimal mixed strategy for each player according to the minimax criterion.
Player 2
Strategy 1 2 3
Player 4