Game Theory: Is there a Mixed Strategy Nash Equilibrium? - MathOverflow most recent 30 from http://mathoverflow.net2013-05-18T09:50:14Zhttp://mathoverflow.net/feeds/question/89346http://www.creativecommons.org/licenses/by-nc/2.5/rdfhttp://mathoverflow.net/questions/89346/game-theory-is-there-a-mixed-strategy-nash-equilibriumGame Theory: Is there a Mixed Strategy Nash Equilibrium?unknown (google)2012-02-24T00:13:02Z2013-05-10T17:30:35Z
<p>The game looks like this:</p>
<pre><code> a b
A [(-12, 1) (8, 8)]
B [(15, 1), (8,-1)]
</code></pre>
<p>(15, 1) and (8,8) are Nash Equlibria. However, could you still mix between (8,8) and (15,1)? For example, for P2 (column player) to make P1 indifferent he could play b with a probability of 1. And player 1 could make player 2 indifferent with another probability mix. </p>
<p>However, can mixed strategies include weakly dominated strategies? </p>
http://mathoverflow.net/questions/89346/game-theory-is-there-a-mixed-strategy-nash-equilibrium/95548#95548Answer by Nixon for Game Theory: Is there a Mixed Strategy Nash Equilibrium?Nixon2012-04-30T04:27:55Z2012-04-30T04:27:55Z<p>In the mixed strategy Nash equilibrium the column players will choose b with probability 1, thus there is never a mix that includes (15,1). However, the row player can mix with their weakly dominated strategy A. (probability A = 2/9, B = 7/9)</p>
http://mathoverflow.net/questions/89346/game-theory-is-there-a-mixed-strategy-nash-equilibrium/98183#98183Answer by Niki for Game Theory: Is there a Mixed Strategy Nash Equilibrium?Niki2012-05-28T09:56:02Z2012-05-28T09:56:02Z<p>The answer given by Nixon is correct. If you label p the probability that player 1 chooses A, and q the probability that player 2 chooses a, then you have:
$E(a)=E(b)$, so
$1=8p-(1-p)$, that is $p=2/9$. On the other hand, you can see that $q=0$.</p>
<p>So, yes, mixed strategy can include weakly dominated strategy.</p>