what is pay off matrix
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In game theory, normal form is a description of a game. Unlike extensive form, normal-form representations are not graphical per se, but rather represent the game by way of a matrix.
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ᴀ ᴘᴀʏᴏꜰꜰ ᴍᴀᴛʀɪx ɪꜱ ᴀ ᴡᴀʏ ᴛᴏ ᴇxᴘʀᴇꜱꜱ ᴛʜᴇ ʀᴇꜱᴜʟᴛ ᴏꜰ ᴘʟᴀʏᴇʀꜱ' ᴄʜᴏɪᴄᴇꜱ ɪɴ ᴀ ɢᴀᴍᴇ. ᴀ ᴘᴀʏᴏꜰꜰ ᴍᴀᴛʀɪx ᴅᴏᴇꜱ ɴᴏᴛ ᴇxᴘʀᴇꜱꜱ ᴛʜᴇ ꜱᴛʀᴜᴄᴛᴜʀᴇ ᴏꜰ ᴀ ɢᴀᴍᴇ, ꜱᴜᴄʜ ᴀꜱ ɪꜰ ᴘʟᴀʏᴇʀꜱ ᴛᴀᴋᴇ ᴛᴜʀɴꜱ ᴛᴀᴋɪɴɢ ᴀᴄᴛɪᴏɴꜱ ᴏʀ ᴀ ᴘʟᴀʏᴇʀ ʜᴀꜱ ᴛᴏ ᴍᴀᴋᴇ ᴀ ᴄʜᴏɪᴄᴇ ᴡɪᴛʜᴏᴜᴛ ᴋɴᴏᴡɪɴɢ ᴡʜᴀᴛ ᴄʜᴏɪᴄᴇ ᴛʜᴇ ᴏᴛʜᴇʀ ᴡɪʟʟ ᴍᴀᴋᴇ.
ᴜʀ ᴀɴꜱ
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