Question

What happens when maximin and minimax values of the game are same?
(a) No solution exists
(b) Solution is mixed
(c) Saddle point exists
(d) None of the above​

Answer 1

Answer:

A is correct option

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Answer 2

When maximin and minimax values of the game are the same then saddle point exists. (Option C).

• The game has an equilibrium point which is also called the saddle point when the maximin value is equal to the minimax value.
• Then optimal strategy is chosen by player B and player A.
• Minimax is used for minimizing or reducing the maximum loss and maximin is used for maximizing or increasing the minimum loss.