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Topic summary · Decision maths (D2)

Game Theory summary

Two-player zero-sum games use payoff matrices, pure and mixed strategies, and expected-value calculations.

Files: D2-Game Theory.pdf · D2-Game Theory answers.pdf · free public downloads · diagrams in the PDFs

Key learning points

  • Row player maximises; column player minimises.
  • A saddle point gives a stable pure-strategy solution.
  • Mixed strategies equalise the opponent’s expected payoffs.
  • The value of the game is the expected payoff under optimal play.

Worked example 1 — Saddle

What is a saddle point in a payoff matrix?

Working

an entry that is row min and column max (per convention)\text{an entry that is row min and column max (per convention)}

It signals a pure-strategy equilibrium.

Worked example 2 — Row player maximises; column player minimises

Use this method from the Game Theory sheet: Row player maximises; column player minimises.

Working

Attempt a matching question on the sheet, then check the Answers PDF.\text{Attempt a matching question on the sheet, then check the Answers PDF.}

Each key learning point matches a question type on the printable worksheet.

Worked example 3 — A saddle point gives a stable pure-strategy solution

Use this method from the Game Theory sheet: A saddle point gives a stable pure-strategy solution.

Working

Attempt a matching question on the sheet, then check the Answers PDF.\text{Attempt a matching question on the sheet, then check the Answers PDF.}

Each key learning point matches a question type on the printable worksheet.

Worked example 4 — Mixed strategies equalise the opponent’s expected payof

Use this method from the Game Theory sheet: Mixed strategies equalise the opponent’s expected payoffs.

Working

Attempt a matching question on the sheet, then check the Answers PDF.\text{Attempt a matching question on the sheet, then check the Answers PDF.}

Each key learning point matches a question type on the printable worksheet.

Worked example 5 — The value of the game is the expected payoff under opti

Use this method from the Game Theory sheet: The value of the game is the expected payoff under optimal play.

Working

Attempt a matching question on the sheet, then check the Answers PDF.\text{Attempt a matching question on the sheet, then check the Answers PDF.}

Each key learning point matches a question type on the printable worksheet.

Scaffolded Learning Sheet and answers (PDFs)

This page is a short, searchable overview for revision and search engines. Use the Scaffolded Learning Sheet first, then the Answers PDF for a full written solution. The printable PDFs remain the main classroom resource.

Game Theory summary — worksheet & answers PDF