Скачать или смотреть 01 | Game Theory Part 1 | Maximin Minimax Principle | Saddle point | MAKAUT PYQ | Operation Research

This video lecture of Game Theory will help Engineering and Basic Science students to understand following topic of Mathematics:
1. What is Game Theory
2. What is Game, Strategy
3. What is Value of a game
4. What is Pay-off Matrix
5. What is zero sum 2 person game
6. What is Saddle Point
7. How to find Saddle Point
8. What is Maximin and Minimax Principle
9. What is Pure and Mixed Strategy
10. Solve Previous year question solution.

Timestamps:
0:00 - Introduction (Recap)
2:13 - What is game and Important Terminologies
16:26 - Q.1. 2016,14 Question (Maximin-Minimax Principle)
27:07 - Q.2. 2011 Question (Finding Saddle Point)


Rules for determining saddle point:
(i) Select the minimum element of each row of the pay-off matrix and enclose them in a rectangle.
(ii) Select the maximum element of each column of the pay-off matrix and enclose them in a circle.
(iii) Find out the element (s) which is enclosed by the rectangle as well as circle. Such element is the value of the game and that position will be the saddle point.

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Link of Playlist of Game Theory:    • Game Theory  

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