In the diagram this can be seen to occur when the line V = 2 + 7X intersects with V= 6 - 3X which occurs at the point as determined below.
The minimax criteria is to maximise the minimum values. To find the solution for B's strategy we need to identify and solve the 2 by 2 pay-off matrix associated with A's optimal strategy. In this case that will be the columns associated with the lines V= 2 + 7X and V= 6 - 3X. Hence
The value decides the type of the show to be put out in order to maximise the ratings over the coming TV season. The value against Detective has more gain (approximately 3.33) and hence it has to be put out in order to maximise the ratings. ...Show more