Mixed Strategy Nash Equilibrium
Mixed equilibrium (and correlated equilibrium) models non-deterministic actions.
Reading notes of A Course in Game Theory
Mixed equilibrium (and correlated equilibrium) models non-deterministic actions.
A Nash equilibrium is a fixed point of the best response function. Bayesian games can model both uncertainty about payoffs and *uncertainty about knowledge*.
Assumptions of a rational decision maker: Rational and reason strategically.