Thread: Why Position Matters Using Game Theory
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Old 09-10-2007, 07:44 PM
jay_shark jay_shark is offline
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Default Re: Why Position Matters Using Game Theory
I forgot to mention one other thing .

(5a-2)/3 >=0 implies that a>=2/5 .

Since the EV function is convex , we have to evaluate the maximum at the endpoints .

EV(2/5) = 1.52
EV(1) = 1

so a=2/5 .

Final answer [img]/images/graemlins/smile.gif[/img]
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