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Old 08-05-2005, 07:40 PM
gergery gergery is offline
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Join Date: May 2004
Location: SF Bay Area (eastbay)
Posts: 719
Default Re: Slightly OT Game Theory beginner confusion


For player 2 (across the top), N is a dominated strategy.

His payouts are respectively, 25, 26, 27 going down the N column. But if he were to pick J, then his payouts are 32, 54, 29.

So player 2 needs to ask himself, “if player 1 chooses N, am I better off choosing J or N”? So he compares the first numbers, and sees that 32>25. he then repeats, 54>26, and 29>27.

So no matter what Player 1 picks, Player 2 will always prefer J over N. Thus its dominated. Spank that option, baby!

--Greg
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