[经济学]Lect4 Mixed strategy Nash equilibrim.ppt

1 Static Games of Complete Information Nash Equilibrium-Mixed Strategy 2 Lecture 4 Mixed strategy Nash equilibrium Examples Matching pennies Expected payoffs Mixed strategy (Nash) equilibrium property of mixed Nash equilibrium 3 Matching pennies Head is Player 1’s best response to Player 2’s strategy Tail Tail is Player 2’s best response to Player 1’s strategy Tail Tail is Player 1’s best response to Player 2’s strategy Head Head is Player 2’s best response to Player 1’s strategy Head Hence, NO Nash equilibrium -1 , 1 1 , -1 1 , -1 -1 , 1 4 Solving matching pennies Randomize your strategie