New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    Consider the matching-pennies game:

    src="https://www.ixambee.com/questionimage/Chapter/1645509066-RBI-5.PNG" alt="" /> Let p= probability Player 2 plays left, q= probability Player 1 plays left. Find the mixed-strategy equilibrium.
    A p=1/2,q=1/2 Correct Answer Incorrect Answer
    B p=12/19,q=7/11 Correct Answer Incorrect Answer
    C p=3/8,q=1/5 Correct Answer Incorrect Answer
    D Doesn’t exist Correct Answer Incorrect Answer

    Solution

    For player1 to be indifferent: p-(1-p)= -p+(1-p) p=1/2 Similarly we obtain q=1/2.

    Practice Next