A mixed- strategy Nash equilibrium is the outcome in which a player's______ strategy is the best strategy for that player, taking as given the other player's ______strategy.
A)mixed; mixed
B)mixed; pure
C)pure; pure
D)pure; mixed

Question

Quizplus · Accepted Answer

In a mixed-strategy Nash equilibrium, each player's strategy is the best response to the other player's strategy, where both players are using mixed strategies. This means each player is randomizing over their actions, taking into account the probabilities of the other player's actions.

A Mixed- Strategy Nash Equilibrium Is the Outcome in Which