Скачать или смотреть Game Theory Zero Sum Game Method | Important Exam Questions

Game Theory Zero Sum Game Method is one of the most important and frequently asked topics in exams.
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In this video, we explain the Game Theory Zero Sum Game Method in a simple and exam-friendly way. This topic is extremely important for students studying Business Mathematics, Microeconomics, Operations Research, Management, and Economics. Zero sum games often appear as important questions in university, board, and competitive examinations.

The Game Theory Zero Sum Game Method focuses on situations where one player’s gain is exactly equal to another player’s loss. We discuss why this method is important, how it is applied, and how students can easily solve exam questions using step-by-step techniques. This video also helps you understand the logic behind player strategies, pay-off matrices, and optimal decision-making.

You will learn:

Meaning and importance of zero sum games
Characteristics of zero sum game theory
How zero sum games appear in exams
Strategy selection and exam tips
Common mistakes students should avoid

0:00 intro
0:28 Two players A and B play a game- they should simultaneously raise their hand and exhibit either one or two fingers. If both show one finger or two fingers, A should pay Rs. 10 to B. On other hand, if one player shows one finger and other shows two fingers, B should pay Rs. 5 to B A.
(a) Write down the payoff matrix of player A. Does the game have saddle point?
(b) Determine the optimal strategies for both players.
(c) What is the value of game?
6:08 Player A is paid Rs. 8 if two coins turn both heads and Re. 1 if two coins turn both tails. B is paid Rs. 3 if coin does not match. Given the choice of being A or B, which one would you choose and what would be your strategy?
9:55 Two players A and B match coins. If the coin matches, then A wins one unit of value, if the coins do not matches, then B wins one unit of value. Determine optimal strategies for the players and the value of game.

This lesson is especially useful for students preparing for BBS, BBA, MBA, MBS, Economics, and Management exams. The explanation is kept simple, practical, and focused on scoring high marks.

If you are looking for important Game Theory questions, this video will save your revision time and boost your confidence.

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