Page 208 - Probability Demystified
P. 208

CHAPTER 11         Game Theory                                              197

                                                                                5
                        Then the probability of making a successful shot when p ¼ is
                                                                                8

                                                 5            5
                          0:1p þ 0:7ð1   pÞ¼ 0:1    þ 0:71
                                                 8            8

                                                 5        3
                                          ¼ 0:1     þ 0:7
                                                 8        8
                                            13
                                          ¼
                                            40
                                                                                           13
                        Hence Player A will be successful  13  of the time. The value of the game is .
                                                       40                                  40
                        Player B should defend against a long shot  1 4  of the time and against a
                     lay-up shot  3  of the time. The solution is left as a practice question. See
                                 4
                     Question 5.



                     PRACTICE


                         1. A simplified version of football can be thought of as two types of
                            plays. The offense can either run or pass and the defense can defend
                            against a running play or a passing play. The payoff yards gained for
                            each play are shown in the payoff box. Find the optimal strategy for
                            each and determine the value of the game.


                                                  Defense
                                          Offense  Against Run  Against Pass

                                          Run         2            5

                                          Pass        10           6




                         2. In a game of paintball, a player can either hide behind a rock or in
                            a tree. The other player can either select a pistol or a rifle. The
                            probabilities for success are given in the payoff box. Determine the
                            optimal strategy and the value of the game.
   203   204   205   206   207   208   209   210   211   212   213