Two mining companies, Fox and Trot, bid for the right to drill a field. The possible bids are $ 15 Million, $ 25 Million, $ 35 Million, $ 45 Million and $ 50 Million. The winner is the company with...

Answer
1. In a two-person zero-sum game, each player gets to choose between a few suggested systems on their turn, and each player's loss is the same as the next player's gain. The answer to the match is the proverb in paradigm, which means that each player chooses the move that increases their base payoff. In this match, Company 1 ends up winning the bid if there is a tie or if the bid is more than $45 million, but if the bid is less than $45 million or more than $45 million, he loses. This means that if the highest bid is less than $45 million, he wins the game. The same logic applies to Company 2, with one exception:
if both companies bid the same amount, Company 2 loses. If one company bids more than the other, that company wins, so both will opt to bid the...