A two-person zero-sum game means that the
the sum of losses to one player is equal to the sum of gains to other
the sum of losses to one player is not equal to the sum of gains to other
no any player gains or losses
none of these
Answer
Game theory models are classified by the
number of players
sum of all payoffs
number of strategies
all of these
A game is said to be fair if
both upper and lower values of the game are the same and zero
upper and lower values of the game are not equal
upper value is more than the lower value of the game
What happens when maximin and minimax values of the game are same?
no solution exists
solution is mixed
saddle point exists
A mixed strategy game can be solved by
algebraic method
matrix method
graphical method