CENTRAL UNIVERSITY OF

SOUTH BIHAR
 Game Theory
Presented by
Munna kumar
[cusb2110112010]
 GAME THEORY
Game theory is a tool used by the
players to understand the
strategy of the competiter players
Used by business organisations
to debut there competiter
METHODS
 Minimax – maxmini principle [pure strategy]

 Mixed strategy
 Domains method
 Equal game theory [mixed
strategy ]
 Graphic game theory
 Q. Solve the following game theory problems
using minimax – maxmini principle
player B [maxmini ] less

B1 B2
A1 9 2 2
player A A2 8 6 6
A3 6 4 4
[minimax ] 9 6
profit value of game = 6
 Q. Solve the following problem using mixed
strategy
player B
B1 B2
player A A1 -2 3 7 (3 -(-4)
A2 3 -4 5 (-2-3)
7 5 12
(3 -(-4) (-2-3)

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Calculation
• Prob of game player A1 -- 7/2
• Prob of game player A2 -- 5/12
• Prob of game player B2 -- 7/12
• Prob of game player B2 -- 5/12

• value of game -- (- 2 × 7 + 3 × 5)/12

• = - 14 + 15 / 12
• = 1/12
 Q. Solve the following problem using
dominance property
player B [maxmini ] less
B1 B2 B3 B4 B5
A1 1 2 3 4 5 1 low
player A A2 1 3 2 7 4 3
A3 3 4 1 5 6 5
[minimax ] A4 6 5 7 6 5
profit A5 2 0 6 3 1
6 2 4
B1 B2
A4 6 5 5
A5 2 0 0
6 5 value of game = 5