There are several pure strategy Nash equilibria of the centipede game and infinitely many mixed strategy Nash equilibria.
13.
In a quantal response equilibrium, players are assumed to make errors in choosing which pure strategy to play.
14.
A pure strategy is one not affected by chance, in which an individual only expresses one strategic behavior.
15.
In economics, the concept of a pure strategy "'epsilon-equilibrium "'is used when the mixed-strategy approach is seen as unrealistic.
16.
Each of the agents chooses a pure strategy, and the payoff depends on the fraction of agents choosing each strategy.
17.
Let " a " be a pure strategy profile with payoff profile " x " which strictly dominates the minmax payoff profile.
18.
Pure strategies can be thought of as a special case of mixed strategies, in which only probabilities 0 or 1 are assigned to actions.
19.
Cheng et al . ( 2004 ) show that every two-strategy symmetric game has a ( not necessarily symmetric ) pure strategy Nash equilibrium.
20.
Multiplying u by that value gives a probability vector, giving the probability that the maximizing player will choose each of the possible pure strategies.