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Unformatted text preview: 2 Mixed-Strategy Nash Equilibrium Denition 2 Consider a strategy prole = ( 1 , 2 ,..., n ) , where i S i for each player i . Prole is a mixed-strategy Nash equilibrium if and only if u i ( i ,-i ) u i ( i ,-i ) for each s i S i and each player i . That is, i is a best response to -i for every player i . A B A 7 , 1 3 , 2 B 5 , 1 4 , C 4 , 3 6 , A B A , 7 , 4 B 3 , 9 , C 2 , 2 , 4...
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This note was uploaded on 12/26/2011 for the course ECON 171 taught by Professor Charness,g during the Fall '08 term at UCSB.
- Fall '08