9781118041581

Appendix to Chapter 10 Mixed Strategies 445

b. As before, Bob has $10,000, but now suppose that Dan has $8,000. Complete the missing entries in Table B, and find both players’ equilibrium strategies. Does either player use a mixed strategy? Now, what is Bob’s chance of winning?

Table B Dan Bob Bet $8,000 Bet $0 Bet $6,001 ___ ___ Bet $0 .50 1.0