By Maxi min-minimax principle –
• Maximin (∝) – minimum pay-off in each row is/are circled.
• Minimax(β)-Maximum pay-off in each column is/are boxed.
• Saddle point occurs at (1,3). Here pay-off ‘0’ is circled as well as boxed.
• Suggested optimal strategies for the players are: For player A-A1, For players B-B3
• Value of the game: V = 0, yes the game is fair.
