Table M4-1
Adam and Eve each face three doors and must make a selection with payoffs as shown in the table.

-What is the value of the game depicted in Table M4-1?
A)7
B)8
C)9
D)10

Question

Table M4-1
Adam and Eve each face three doors and must make a selection with payoffs as shown in the table.
 
-What is the value of the game depicted in Table M4-1?
A)7 
B)8 
C)9 
D)10

Quizplus · Accepted Answer

The value of the game is the minimum of the maximum of the rows and the minimum of the maximum of the columns. In this case, the maximum of the rows is 9 and the minimum of the maximum of the columns is 7. Therefore, the value of the game is 7.

Table M4-1 Adam and Eve Each Face Three Doors and Must Make