The following decision matrix is given. Strategies of player A 1=2 i=3 Strategies of player B J = 2 J = 3 j=1 0.6 0.4 0.3 0.5 0.2 0.7 0,4 0.8 0.4 Compute the optimal strategy for player B with the Simplex-Algorithm.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter7: Uncertainty
Section: Chapter Questions
Problem 7.3P
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The following decision matrix is given.
Strategies of player B
J = 1
リ=D2
リ3D3
i = 1
0.6
Strategies of
player A
0.5
0,4
0.8
0.4
0.2
0.3
0.7
0.4
Compute the optimal strategy for player B with the Simplex-Algorithm.
2
Transcribed Image Text:The following decision matrix is given. Strategies of player B J = 1 リ=D2 リ3D3 i = 1 0.6 Strategies of player A 0.5 0,4 0.8 0.4 0.2 0.3 0.7 0.4 Compute the optimal strategy for player B with the Simplex-Algorithm. 2
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