Mixing among Three Strategies

We finally solve for the mixed strategy Nash equilibrium of the modified rock paper scissors game.

Takeaway Points

  1. Solving for equilibria involving three strategies is just a generalization for the mixed strategy algorithm for two strategies.
  2. The logic is not particularly daunting, but the number of equations is. Be careful with each step, as a single mistake will ruin the solution.

Back to Game Theory 101