Given the following two-person game, what strategy should the players play?
Y1 Y2
X1 12 16
X2 14 8
What will be an ideal response?
This is a mixed strategy.
12Q + 14(1 - Q) = 16Q + 8(1 - Q) ==> Q = 3/5
12P + 16(1 - P) = 14P + 8(1 - P) ==> P = 4/5
Business
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