Security Levels & Saddles
Exact Mixing
When no saddle exists, the players mix. The exact mixed strategies come from equalizing the opponent's relevant options, producing a rational game value. The intuition is that randomization removes an opponent's profitable worst-case response by making the active options equally unattractive.
Row Equalizes
The row player equalizes the column payoffs at p equals 1/2. Why: if one column were worse for the row player, the minimizer would choose it. Randomization protects the row player by making the opponent indifferent between the columns that matter.
Row Mix
The row mix is 1/2 and 1/2. Why: both columns then give the same exact value, so the column player cannot exploit a predictable row. The mix should be interpreted as a defensive guarantee, not as a claim about psychological randomness.
Column Mix
The column mix is 3/8 and 5/8. Why: it equalizes the row player's pure-row payoffs. The minimizer randomizes so the row player cannot improve by choosing one pure row over the other.
Game Value
The game value is 1/2. Why: both optimal mixtures force the same expected payoff. This value is the fair price of the zero-sum game: above it the column player can cap the payoff, and below it the row player can guarantee more.
Diagram note
The mixed strategies and value are exact fractions from the recomputed equalization. The absence of a saddle forced mixing in this finite zero-sum game, and the displayed fractions are the exact equilibrium strategies for this pinned payoff matrix. Pixel positions are rounded for layout; every number shown is exact.