Determine the maximin and minimax strategies for the two-person, zero-sum matrix game.

Question

Determine the maximin and minimax strategies for the two-person, zero-sum matrix game. ​  ​

Quizplus · Accepted Answer

The maximin strategy for the row player is to choose row 2, which guarantees a payoff of at least -3. The minimax strategy for the column player is to choose column 2, which ensures that the row player will receive no more than -3. Therefore, the game will result in a payoff of -3, and the optimal strategy for both players is to choose option C.

Determine the Maximin and Minimax Strategies for the Two-Person, Zero-Sum