Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences (13th Edition)
13th Edition
ISBN: 9780321945525
Author: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
Publisher: PEARSON
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Textbook Question
Chapter 10.1, Problem 8E
In Problems 1-8, is the matrix game strictly determined?
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Students have asked these similar questions
If two perfectly rational players play the following zero-sum matrix
games, what strategies will they use?
5 4 3
(a)
0 6 1
4 7]
6
2 0
(b) |2 5
(c) |1
11
3
6 4
3
7
9
5
6.
(b) Consider the following pay-off matrix of a 2 x 2 game.
player B
4
player A
-4
-4 4
How will you solve this game?
Create a 3x3 payoff matrix for a two person zero sum game (cannot be scissors, paper, rock)
Chapter 10 Solutions
Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences (13th Edition)
Ch. 10.1 - Suppose that a and k are both saddle values of the...Ch. 10.1 - Repeat Example 1 for the HDTV game matrix...Ch. 10.1 - Determine which of the matrix games below are...Ch. 10.1 - In Problems 1-8, is the matrix game strictly...Ch. 10.1 - In Problems 1-8, is the matrix game strictly...Ch. 10.1 - In Problems 1-8, is the matrix game strictly...Ch. 10.1 - In Problems 1-8, is the matrix game strictly...Ch. 10.1 - In Problems 1-8, is the matrix game strictly...Ch. 10.1 - In Problems 1-8, is the matrix game strictly...Ch. 10.1 - In Problems 1-8, is the matrix game strictly...
Ch. 10.1 - In Problems 1-8, is the matrix game strictly...Ch. 10.1 - In Problems 916, the matrix for a strictly...Ch. 10.1 - In Problems 916, the matrix for a strictly...Ch. 10.1 - In Problems 916, the matrix for a strictly...Ch. 10.1 - In Problems 916, the matrix for a strictly...Ch. 10.1 - In Problems 916, the matrix for a strictly...Ch. 10.1 - In Problems 916, the matrix for a strictly...Ch. 10.1 - In Problems 916, the matrix for a strictly...Ch. 10.1 - In Problems 916, the matrix for a strictly...Ch. 10.1 - Prob. 17ECh. 10.1 - Prob. 18ECh. 10.1 - Prob. 19ECh. 10.1 - Prob. 20ECh. 10.1 - Prob. 21ECh. 10.1 - Prob. 22ECh. 10.1 - Prob. 23ECh. 10.1 - Prob. 24ECh. 10.1 - Prob. 25ECh. 10.1 - Prob. 26ECh. 10.1 - Prob. 27ECh. 10.1 - Prob. 28ECh. 10.1 - Prob. 29ECh. 10.1 - Prob. 30ECh. 10.1 - Prob. 31ECh. 10.1 - Prob. 32ECh. 10.1 - For the matrix game of Problem 31, would you...Ch. 10.1 - For the matrix game of Problem 32, would you...Ch. 10.1 - In Problems 35-40, discuss the validity of each...Ch. 10.1 - In Problems 35-40, discuss the validity of each...Ch. 10.1 - In Problems 35-40, discuss the validity of each...Ch. 10.1 - In Problems 35-40, discuss the validity of each...Ch. 10.1 - In Problems 35-40, discuss the validity of each...Ch. 10.1 - In Problems 35-40, discuss the validity of each...Ch. 10.1 - Is there a value of m such that the following is...Ch. 10.1 - Prob. 42ECh. 10.1 - Price war a small town on a major highway has only...Ch. 10.1 - Investment Suppose that you want to invest $10,000...Ch. 10.1 - Store location two competitive pet shops want to...Ch. 10.1 - Store location Two competing auto parts companies...Ch. 10.2 - Let M=abcd (A) Show that if the row minima belong...Ch. 10.2 - (A) Using Theorem 4, give conditions on a,b,c, and...Ch. 10.2 - Solve the following version of the two-finger...Ch. 10.2 - Solve the matrix game: M=112324113Ch. 10.2 - In Problems 1-8, calculate the matrix product. (If...Ch. 10.2 - In Problems 1-8, calculate the matrix product. (If...Ch. 10.2 - In Problems 1-8, calculate the matrix product. (If...Ch. 10.2 - In Problems 1-8, calculate the matrix product. (If...Ch. 10.2 - In Problems 1-8, calculate the matrix product. (If...Ch. 10.2 - In Problems 1-8, calculate the matrix product. (If...Ch. 10.2 - In Problems 1-8, calculate the matrix product. (If...Ch. 10.2 - In Problems 1-8, calculate the matrix product. (If...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - In Problems 9-18, which rows and columns of the...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - Solve the matrix games in Problems 1932,...Ch. 10.2 - In Problems 33-38, discuss the validity of each...Ch. 10.2 - In Problems 33-38, discuss the validity of each...Ch. 10.2 - In Problems 33-38, discuss the validity of each...Ch. 10.2 - In Problems 33-38, discuss the validity of each...Ch. 10.2 - In Problems 33-38, discuss the validity of each...Ch. 10.2 - In Problems 33-38, discuss the validity of each...Ch. 10.2 - You R and a friend C are playing the following...Ch. 10.2 - You R and a friend C are playing the following...Ch. 10.2 - For M=abcdP=p1p2Q=q1q2 Show that PMQ=EP,QCh. 10.2 - Using the fundamental theorem of game theory,...Ch. 10.2 - Show non strictly that the determined solution...Ch. 10.2 - Show that if a 22 matrix game has a saddle value,...Ch. 10.2 - Explain how to construct a 22 matrix game M for...Ch. 10.2 - Explain how to construct a 22 matrix game M for...Ch. 10.2 - In Problems 47 and 48, derive the formulas of...Ch. 10.2 - In Problems 47 and 48, derive the formulas of...Ch. 10.2 - Bank promotion A town has only two banks, bank R...Ch. 10.2 - Viewer ratings A city has two competitive...Ch. 10.2 - Investment You have inherited $10,000 just prior...Ch. 10.2 - Corporate farming For a one-time play...Ch. 10.3 - Show that M=1132 is a strictly determined matrix...Ch. 10.3 - Solve the following matrix game using geometric...Ch. 10.3 - In problem 1-6, find the smallest integer k0 such...Ch. 10.3 - In problem 1-6, find the smallest integer k0 such...Ch. 10.3 - In problem 1-6, find the smallest integer k0 such...Ch. 10.3 - In problem 1-6, find the smallest integer k0 such...Ch. 10.3 - In problem 1-6, find the smallest integer k0 such...Ch. 10.3 - In problem 1-6, find the smallest integer k0 such...Ch. 10.3 - In problem 7-12, solve the matrix game using a...Ch. 10.3 - In problem 7-12, solve the matrix game using a...Ch. 10.3 - In problem 7-12, solve the matrix game using a...Ch. 10.3 - In problem 7-12, solve the matrix game using a...Ch. 10.3 - In problem 7-12, solve the matrix game using a...Ch. 10.3 - In problem 7-12, solve the matrix game using a...Ch. 10.3 - Is there a better way to solve the matrix game in...Ch. 10.3 - Is there a better way to solve the matrix game in...Ch. 10.3 - Explain why the value of a matrix game is positive...Ch. 10.3 - Explain why the value of a matrix game is negative...Ch. 10.3 - In Problem 17-20, discuss the validity of each...Ch. 10.3 - In the Problems 1722, discuss the validity of each...Ch. 10.3 - In Problem 17-20, discuss the validity of each...Ch. 10.3 - In the Problems 1722, discuss the validity of each...Ch. 10.3 - In Problem 17-20, discuss the validity of each...Ch. 10.3 - In Problem 17-20, discuss the validity of each...Ch. 10.3 - In Problems 23 and 24 remove recessive rows and...Ch. 10.3 - In Problems 23 and 24 remove recessive rows and...Ch. 10.3 - (A) Let P and Q be strategies for the 22 matrix...Ch. 10.3 - Use properties of matrix addition and...Ch. 10.3 - Solve the matrix games in problems 27-30 by using...Ch. 10.3 - Solve the matrix games in problems 27-30 by using...Ch. 10.3 - Solve the matrix games in problems 27-30 by using...Ch. 10.3 - Solve the matrix games in problems 27-30 by using...Ch. 10.4 - Outline a procedure for solving the 45 matrix game...Ch. 10.4 - Suppose that the investor in Example 1 wishes to...Ch. 10.4 - In Problems 1-4, solve each matrix game 140012Ch. 10.4 - In Problems 1-4, solve each matrix game. 112201Ch. 10.4 - In Problems 1-4, solve each matrix game. 012103230Ch. 10.4 - In Problems 1-4, solve each matrix game. 120012201Ch. 10.4 - In Problems 5-8, outline a procedure for solving...Ch. 10.4 - In Problems 5-8, outline a procedure for solving...Ch. 10.4 - In Problems 5-8, outline a procedure for solving...Ch. 10.4 - In Problems 5-8, outline a procedure for solving...Ch. 10.4 - Scissors, paper ,stone game This game is well...Ch. 10.4 - Player R has a $2, a $5,and a $10 bill. Player C...Ch. 10.4 - Headphone sales. A department store chain is about...Ch. 10.4 - Tour agency A tour agency organizes standard and...Ch. 10 - In Problems 1 and 2, is the matrix game strictly...Ch. 10 - In Problems 1 and 2, is the matrix game strictly...Ch. 10 - In Problems 3-8, determine the value V of the...Ch. 10 - In Problems 3-8, determine the value V of the...Ch. 10 - In Problems 3-8, determine the value V of the...Ch. 10 - In Problems 3-8, determine the value V of the...Ch. 10 - In Problems 3-8, determine the value V of the...Ch. 10 - In Problems 3-8, determine the value V of the...Ch. 10 - Prob. 9RECh. 10 - Prob. 10RECh. 10 - Prob. 11RECh. 10 - Prob. 12RECh. 10 - Delete as many recessive rows and columns as...Ch. 10 - Problems 14-17 refer to the matrix game: M=2101...Ch. 10 - Problems 14-17 refer to the matrix game: M=2101...Ch. 10 - Problems 14-17 refer to the matrix game: M=2101...Ch. 10 - Problems 14-17 refer to the matrix game: M=2101...Ch. 10 - In Problems 18-21, discuss the validity of each...Ch. 10 - In Problems 18-21, discuss the validity of each...Ch. 10 - In Problems 18-21, discuss the validity of each...Ch. 10 - In Problems 18-21, discuss the validity of each...Ch. 10 - In Problems 22-26, solve each matrix game (first...Ch. 10 - In Problems 22-26, solve each matrix game (first...Ch. 10 - In Problems 22-26, solve each matrix game (first...Ch. 10 - In Problems 22-26, solve each matrix game (first...Ch. 10 - In Problems 22-26, solve each matrix game (first...Ch. 10 - Does every strictly determined 22 matrix game have...Ch. 10 - Does every strictly determined 33 matrix game have...Ch. 10 - Finger game Consider the following finger game...Ch. 10 - Refer to Problem 29. Use linear programming and a...Ch. 10 - Agriculture A farmer decides each spring whether...Ch. 10 - Agriculture Refer to Problem 31. Use formulas from...Ch. 10 - Advertising A small town has two competing grocery...Ch. 10 - Advertising Refer to Problem 33. Use linear...
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- d) Solve the following game for optimum strategies and the value of the game given the following matrix; Player A 18 6 11 7 Player B 4 6 4 2 13 7 5 17 3 6 12 2arrow_forwardSolve the game whose pay off matrix is given below: Player B B, B2 A, 2 2 Player A A2 -4 -1 -2 3 -3 B, 1.arrow_forwardConsider the following matrix representing a two-person zero- sum game. -1 4 3 2 -2 3 2 1 -1 2 4 2 0 3 A. Write the primal and dual linear programming problems associated with this game. B. Solve the game.arrow_forward
- PROBLEM (7) Rock-Scissors-Paper game is a two player simultaneous move game where each player chooses R, S or P. It is a fact that Rock crushes Scissors, which cuts Paper which in turn covers Rock; so R beats S, S beats P and P beats R. Winner gets 1 point, loser gets 0 (if they both choose the same strategy; both gets 0). Fill a 3x3 game box with two players’ payoffs in this game and answer the following; (a) Is there a dominant strategy for Player 1? Any dominated strategy? Answer the same for Player 2.(b) Is there a Nash Equilibrium in this game?(c) If player 1 plays first and then player 2 chooses her action, would you like to be player 1 or 2 in this sequential version of the game? Draw the game tree and describe the backward induction solution (sequential Nash equilibria) in this game. PLEASE ANSWER ALL THE PARTS!arrow_forwardx and value of the original matrix game. In fractions please.....arrow_forward2.)A jar contains 2 red, 3 green, and 6 blue marbles. In a game a player closes their eyes, reaches into the jar and randomly chooses two marbles. The player wins the game if at least one of their marbles is red. Suppose it costs $1 to play the game and the winning prize is $3. Mathematically analyze this game and determine if it is in your financial interest to play the game.arrow_forward
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