Game Theory 2 – chap04. Normal-form games, basic concepts
Of the three elements of a normal form game, we’ll look at strategy, and how to choose a strategy that maximizes the expected payoff under a given belief.
Of the three elements of a normal form game, we’ll look at strategy, and how to choose a strategy that maximizes the expected payoff under a given belief.
Analyze the four elements of a normal form game, consider the payoff function, and work through an example. We will also learn about mixed strategies, which represent probability distributions over the strategy space.