Solution

ID: past-exam-of-the-mathematics-course-of-the-university-of-cambridge/2002/ib/paper-3/5h/solution

Against the two pure column strategies, player one's expected payoffs are and . A mixed strategy of the opponent cannot give a smaller expectation than their minimum. The zero-sum game optimization is therefore
The first line decreases. If , the second also decreases, and their minimum is maximized at with value . If , the second line is constantly and the first is at least , so every is optimal. For , the intersection lies at or beyond the right endpoint; the minimum increases throughout and is maximized at with value . If , the intersection lies inside the interval; the minimum increases before it and decreases afterwards. Thus
For the interior case the opponent can equalize row payoffs with first-column probability , confirming the minimax theorem value.

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