Game Theory Scenario Planner

Game Theory Scenario Planner

Key Features of the Tool:

  • User Input for Payoffs: The user can enter the payoffs for each possible strategy combination.
  • Payoff Matrix: Displays the payoff matrix between Player 1 and Player 2.
  • Dominant Strategy: Checks if a dominant strategy exists for either player and displays it.
  • Basic Nash Equilibrium Check: The basic Nash equilibrium is calculated using dominant strategies.

Example:

For a game with the following payoffs:

  • Player 1 Strategy 1 vs Player 2 Strategy 1: (5, 3)
  • Player 1 Strategy 2 vs Player 2 Strategy 1: (2, 6)
  • Player 1 Strategy 1 vs Player 2 Strategy 2: (4, 7)
  • Player 1 Strategy 2 vs Player 2 Strategy 2: (1, 8)

The result will be shown in a Payoff Table, and a dominant strategy (if any) will be highlighted for both players.

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