von Neumann's Minimax Theorem

Liam Dickson (University of Glasgow)

Friday 15th March, 2013 16:00-17:00 Maths 516

Abstract

Von Neumann's Minimax Theorem implies that for every two player, normal form, zero-sum game a Nash equilibrium (p,q) exists, furthermore, p and q are Maximin strategies (mixed strategies which maximase security). I will introduce so basic concepts in game theory and prove the above theorem. 

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