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01-07-2021
Business

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A game has a saddle point when the maximin payoff value equals the minimax payoff value. true or false

Respuesta :

MrRoyal MrRoyal

10-07-2021

Answer:

True

Explanation:

To answer this question, I'll use the following illustration.

Minimax = <10,18,15>

Maximax = <8,4,10>

The payoff of the minimax is 10 (i.e. the smallest) and the payoff of the maximax is 10 (i.e. the largest)

Both payoffs are equal; hence, 10 is the saddle point.

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