Nash Equilibria of Mixed Strategies
2x2 bi-matrices of game theory normal form representations have been considered.
On the table, Nash equilibria of pure strategies have been marked as green.
On the graph, the following concepts concerning mixed strategies (probability distributions of pure strategies) have been illustrated:
- best response relations of both players
- Nash equilibria of mixed strategies (both points and polylines)
In addition, Nash equilibria of pure strategies have been shown on the graph.
Finally, one can turn on the panel of expected utilities to compare the outcomes of different Nash equilibria.