Definition of Matching Pennies:
Matching pennies is a zero-sum game with two players. Each shows either heads or tails from a
coin. If both are heads or both are tails then player One wins, otherwise Two
wins. The payoff matrix is at right.
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Player Two
C D
Player One
C 1,-1
-1,1
D -1,1
1,-1
There is no Nash equilibrium to this game.
(Econterms)
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