Game Theory (ECON 159) We continue our discussion of mixed strategies. First we discuss the payoff to a mixed strategy, pointing out that it must be a weighed average of the payoffs to the pure strategies used in the mix. We note a consequence of this: if a mixed strategy is a best response, then all the pure strategies in the mix must themselves be best responses and hence indifferent. We use this idea to find mixed-strategy Nash equilibria in a game within a game of tennis. 00:00 - Chapter 1. Mixed Strategies: Definition 06:02 - Chapter 2. Mixed Strategies: Examples 22:20 - Chapter 3. Mixed Strategies: Direct and Indirect Effects on the Nash Equilibrium 27:05 - Chapter 4. Mixed Strategies and the Nash Equilibrium: Example Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses This course was recorded in Fall 2007.
Questions about 9. Mixed strategies in theory and tennis
Want more info about 9. Mixed strategies in theory and tennis?
Get free advice from education experts and Noodle community members.