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Respond to the question: Reading ExMIP outputs?

10/27/2012 10:08 AM by Ife Eleyinafe; Reading ExMIP outputs

Good afternoon. I'm trying to solve some 2 person non-sequential games. 2x2 matrices. I have very minimal understanding of some of the concepts. I used ExMIP to solve the matrices. However, I don't understand what the outputs indicate. I would appreciate any help anyone can give. I'm trying to write an article that intersects medicine and game theory coming from the medicine side. Hence my lack of experience. Thanks again. Output below.

*********************************************
Welcome to ExMIP 3.0 (Slim J.Belhaiza (c)).
This program enumerates all Nash Extreme
Equilibria for bimatrix games or sequential
forms of two-persons extensive games.
*********************************************
**************** Dominance Check ***************
Strategy 1 of player 1 is eliminated: It is dominated by strategy 2
Strategy 2 of player 2 is eliminated: It is dominated by strategy 1
******************** START *********************
Equilibrium 1 (node4)
*******************
alpha_1 = 3 ; alpha_2 = 0 ;
beta_1 = 1 ; beta_2 = 0 ;
x_1 = 1 ;
y_1 = 1 ;
u_1 = 0 ;
v_1 = 0 ;

******************** END ***********************
Number of Equilibria :1
Number of Nodes :6
Computation Time in seconds :0
Equilibrium 1 :
*****************
alpha_1 = 3 ; alpha_2 = 0 ;
beta_1 = 1 ; beta_2 = 0 ;
x_1 = 1 ;
y_1 = 1 ;
u_1 = 0 ;
v_1 = 0 ;
********************* END ***********************
----------------------------
Value OBJ_LPA: 0

x_1=1
e_2=0

Value OBJ_LPB: 0
y_1=1
e_2=0

Equilibrium 1 is Perfect
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