Encyclopedia of Operations Research and Management Science

2001 Edition
| Editors: Saul I. Gass, Carl M. Harris

Payoff matrix

Reference work entry
DOI: https://doi.org/10.1007/1-4020-0611-X_741
  • 15 Downloads

For a zero-sum, two-person game, the payoff matrix is an m × n matrix of real numbers with the entry aij representing the payoff to the maximizing player if the maximizing player plays strategy i and the minimizing player plays strategy j. Game theory.

Copyright information

© Kluwer Academic Publishers 2001

Authors and Affiliations

  1. 1.Robert H. Smith School of BusinessUniversity of MarylandCollege PartUSA
  2. 2.School of Information Technology & EngineeringGeorge Mason UniversityFairfaxUSA