Two players, R and C, each have two cards. R has one black card with the number 4 written on it and one red card with the number 2. C has a black card with a 3 written on it and a red card with a 1. They each select one of their cards and simultaneously show cards. If the cards are the same color, R gets, in dollars, the difference of the two numbers shown. If the cards are different colors, C gets, in dollars, the smaller of the two numbers shown. Write the payoff matrix of this game. с R Black 4 Red 2 Black 3 Red 1

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.7: Costs, Income, And Value Problems
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Two players, R and C, each have two cards. R has one black card with the number 4 written on it and one red card with the number 2. C has a black card with a 3 written on it and a red card with a 1. They each select one of their cards and simultaneously show the
cards. If the cards are the same color, R gets, in dollars, the difference of the two numbers shown. If the cards are different colors, C gets, in dollars, the smaller of the two numbers shown. Write the payoff matrix of this game.
с
R
Black 4
Red 2
Black 3
Red 1
Transcribed Image Text:Two players, R and C, each have two cards. R has one black card with the number 4 written on it and one red card with the number 2. C has a black card with a 3 written on it and a red card with a 1. They each select one of their cards and simultaneously show the cards. If the cards are the same color, R gets, in dollars, the difference of the two numbers shown. If the cards are different colors, C gets, in dollars, the smaller of the two numbers shown. Write the payoff matrix of this game. с R Black 4 Red 2 Black 3 Red 1
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