Zero Sum Games
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What is the payoff of "I"? [View full text and thread]
You pick a number from 1 to 3, then ill guess it. You respond by saying high, low or correct. I will continue until i guess it correctly. you then will receive dollars equal to the number of guess i took.
how am i suppose to look for the nash strategies in this game and how do i look for the payoffs? i dont need you to do this for me, i just need a direction as to what kind of formula i should be looking for to figure this out. [Manage messages]