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Competitive Stats
Q37Section II (Mathematics)37 of 190

A two-person zero-sum game with a saddle point

A company management and the labour unions negotiate with 4 strategies each; the cost-to-company matrix is given (rows = Labour Union strategies I–IV, columns = Company strategies I–IV): (201512352514810402105−54110)\begin{pmatrix}20&15&12&35\\25&14&8&10\\40&2&10&5\\-5&4&11&0 \end{pmatrix}. Then, the value of the game is:

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