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Problem 6. (5 Points Total) Player 1 and Player 2 are playing rock-paper-scissors. What is the expected payoff for player 1,

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Answer:

No, Player 1 didnt choose his strategy wisely,

because by his strategy Player1 will only win 1 time,(When p1 choose S, and p2 P)

and player2 win 2 times (When p1 choose R, and p2 P),, (When p1 choose P, and p2 S)

Player 1 is not wise, Player 2 is wise.

Thats all.

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