A mixed strategy equilibrium is where players use
A) mixed strategies
B) normal strategies
C) pure strategies

Question

Quizplus · Accepted Answer

In a mixed strategy equilibrium, players do not rely on one particular strategy but mix between different strategies. This often leads to a more unpredictable outcome and can help players avoid being exploited by other players who try to exploit their predictable behavior. Therefore, using mixed strategies is often the best choice in certain game scenarios.

A Mixed Strategy Equilibrium Is Where Players Use