Tutorial 4 S11

# Tutorial 4 S11 - Tutorial 4 Problem 1 Aksu is a small...

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Tutorial 4 Problem 1. Aksu is a small village with only two stores: Aigerim’s store and Aizhan’s store. Aigerim's store is thinking of having a major sale in the month of June, but does not know if its competitor store Aizhan's is also planning one. If Aigerim's has a sale and Aizhan's does not, Aigerim's sales go up by 30%, but if both stores have a sale simultaneously, Aigerim's sales go up by only 5%. On the other hand, if Aigerim's does not have a sale and Aizhan's does, Aigerim's loses 5% of its sales to Aizhan's, and if neither of the stores has a sale, Aigerim's experiences no gain in sales. Write a payoff matrix for Aigerim's and find the optimal strategies for both stores. Problem 2 . Akylbek, 12 years old, and Sagyndyk, 15years old, play a game using coins of 50 tenge and 100 tenge. Each chooses one of the two coins, puts it in their hand and closes their fist. At a given signal, they simultaneously open their fists.

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Tutorial 4 S11 - Tutorial 4 Problem 1 Aksu is a small...

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