If mixed strategies are allowed in the Copycat Game,a Nash equilibrium will result if
A) both players randomly choose their strategies by flipping a fair coin.
B) one player randomly chooses his strategy by flipping a fair coin,while the other player uses a pure strategy.
C) one player randomly chooses his strategy by flipping an unfair coin,while the other player uses a pure strategy.
D) both players stick to using pure strategies.

Question

Quizplus · Accepted Answer

In a mixed strategy Nash equilibrium, each player randomizes over their strategies in such a way that the opponent is indifferent between their own strategies. Flipping a fair coin ensures that each player's choice is unpredictable and random, making it impossible for the other player to gain an advantage by deviating from their own mixed strategy, thus satisfying the conditions for a Nash equilibrium in the context of the Copycat Game.

If Mixed Strategies Are Allowed in the Copycat Game,a Nash