Lecture 9 - Mixed Strategies in Theory and Tennis

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.

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Lecture 9 - Mixed Strategies in Theory and Tennis is an episode from Yale Open Courses ECON 159: Game Theory by William Sheppard.

This episode is 01:12:52 long.

This episode was published on Jun 4, 2018.

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