The Mixed Strategy Nash Equilibrium Algorithm

This lesson shows the algorithm we use to solve for mixed strategy Nash equilibrium in simple 2x2 games.

Takeaway points:
  1. If there is a mixed strategy Nash equilibrium, it usually is not immediately obvious. (So do not let matching pennies lull you into believing this is easy!)
  2. However, there is a straightforward algorithm that lets you calculate mixed strategy Nash equilibria. We will employ it frequently.  




Next lesson: How NOT to Write a Mixed Strategy Nash Equilibrium.
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