Rock Paper Scissors

The title is rock paper scissors. The lecture is about what you think it is about.

Takeaway points:
  1. The solution to rock paper scissors is the solution you might naturally guess.
  2. Even slight changes to the payoffs for rock paper scissors makes it incredibly difficult to guess the new version's equilibrium. Thus, we must expand our knowledge of mixed strategy Nash equilibrium to more than two strategies.


Next lesson: Symmetric, Zero Sum Games.
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