REAL EYE OPENER. A MUST SEE AND A MUST SPREAD!!! Very comprehensive and mportnt ...
This tape shows how to predict the space taken up by the eruption of cuspids and...
Game Theory (ECON 159) We continue our discussion of mixed strategies. First we ...
Game Theory (ECON 159) We continue our discussion of mixed strategies. First we ...
Introduction to Political Philosophy (PLSC 114) The lecture begins with an intro...
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Views: (934) Date: (21-04-10) Time: (01:12:53) |
Description: 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. Complete course materials are available at the Open Yale Courses website: open.yale.edu This course was recorded in Fall 2007.