Question

General Tian gambled on horse races with King Qi (around 340 BC, see the handout). Each...

General Tian gambled on horse races with King Qi (around 340 BC, see the handout). Each had a team of three horses, whose speeds are respectively: K1, K2, and K3; G1, G2, and G3 (K for King’s horses, and G for General’s horses). These numbers satisfy:

K1>K2>K3, G1>G2>G3; K1> G1, K2> G2, K3> G3; and G1 > K2, G2 > K3.

In the historical event, General Tian and King Qi agreed on a wager of one thousand gold coins on each of three races. The General ended up winning 1000 gold coins from the King. Let the worth of winning a race as 1 (= 1000 gold coins), and that of losing as –1. This is a two–person zero–sum game. Find General Tian’s payoff matrix, and draw the game tree.

Hint: Each has six choices. For example, one choice is: run the high speed horse in the first race, middle speed horse in the second race, and low speed horse in the last race. This can be denoted as 123. Similarly, 312 denotes the choice of running the low speed horse first, the high speed horse second, and the middle speed horse last.

Homework Answers

Answer #1

This is old story in China which used for decision making.

If we use 1, 2, 3 to denote "high speed", "middle speed", "low speed".

We will have six orders as follows:

A. If it was “123” to “123”, the new strategy for Tian is “312”.

B. If it was “132” to “132”, the new strategy for Tian is “321”.

C. If it was “213” to “213”, the new strategy for Tian is “132”.

D. If it was “231” to “231”, the new strategy for Tian is “123”.

E. If it was “312” to “312”, the new strategy for Tian is “231”.

F. If it was “321” to “321”, the new strategy for Tian is “213”.

Strategy for both players is as follows:

King Qi
123 132 213 231 312 321
Tian 123 -1, 1 -1, 1 -1, 1 1, -1 -1, 1 -1, 1
132 -1, 1 -1, 1 1, -1 -1, 1 -1, 1 -1, 1
213 -1, 1 -1, 1 -1, 1 -1, 1 -1, 1 1, -1
231 -1, 1 -1, 1 -1, 1 -1, 1 1, -1 -1, 1
312 1, -1 -1, 1 -1, 1 -1, 1 -1, 1 -1, 1
321 -1 ,1 1, -1 -1, 1 -1, 1 -1, 1 -1, 1

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT