Can someone me solve this? I am stuck here and don’t know what to do… 3. Consider the following parlor garne to be played between
Can someone me solve this? I am stuck here and don’t know what to do… 3. Consider the following parlor garne to be played between two players. Each player begins
with three chips: one red, one white, and one blue. Each chip can be used only once.
To begin, each player selects one of her chips and places it on the table, concealed.
Both players then uncover the chips and determine the payoff to the winning player.
In particular, if both players play the same kind of chip, it is a draw; otherwise, the
following table indicates the winner and how much she receives from the other player.
Next, each player selects one of her two remaining chips and repeats the procedure,
resulting in another payoff according to the following table. Finally, each player plays
her one remaining chip, resulting in the third and final payoff. Winning Chip Payofi’ (3]
Red beats white 15
White beats blue 10
Blue beats red 5
Matching colors 0 {a} Formulate the payofi matrix for the game and identify possible saddle points. [5 Marks]
(b) Construct a linear programming model for each player in this game. [5 Marks]

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