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Mathematics, 27.04.2021 15:40 enicole10
HW9. The payoff matrix for the 2-person 0-sum game of Union in negotiation with Management for annual percentage pay raise is given below:
M1 M2 M3 M4
U1 2 4 2 3
U2 3 3 5 2
U3 4 3 2 3
U4 4 4 1 4
9a.(5 points) Eliminate all dominated strategies to obtain the irreducible matrix.
9b.(10 points) Identify and solve all sub-games.
9c.(5 points) Summarize the solution of the game.
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