D.7 Mixed strategies | Game Theory - Microeconomics

Learn more: www.policonomics.com/mixed-str...
This video shows how mixed strategies work. By using mixed strategies, we will be able to understand how to solve the game known as battle of the sexes.
Related videos:
-Battle of the sexes: • D.6 Battle of the sexe...
-Nash equilibrium: • D.5 Dominant strategie...
Related articles:
-Nash equilibrium: www.policonomics.com/nash-equi...
-Battle of the sexes: www.policonomics.com/battle-of...
Thank you for watching!
www.policonomics.com
Learn, and enjoy!

[@berkayserim1971]

you made a huge mistake. The expected payoff of choosing boxing for man is 2q+(1-q)0=2q, that of choosing shopping is q(0)+(1-q)1=1-q So, q=1/3 and r=2/3. Since if a man already chooses the boxing his payoff depends on the probability of woman's choice.

[@kejdisula1670]

Damn, learning things of the internet do be dangerous sometimes hahahahaha

[@aureliaM13]

you are absolutely right!!!!!

[@zenapsgas]

Didnt get the logic behind the expected payoffs

[@florencefetiveau2476]

The probability calculazations are not correct; Please, fix this. Thanks

[@abhishekjain2431]

best video for understanding mixed strategy thanks

[@JC-qe9be]

Is the expected payoff calculated by adding or subtracting the values?

[@berlinkind6108]

If I understood it correctly, expected payoff = result of dominant strategy.

[@serinacat4781]

you saved my life 👍👍👍

[@babitamehta3898]

why are we equalizing expected payoffs ?

[@deathcore322]

i can't understand if you need to multiply expected payoff by probability in man's shopping, then how comes 0 * r-1 equals to r*1 and not 0

[@babitamehta3898]

1*r-1 that's when he goes shopping because he doesn't prefer going to boxing match alone.

[@zerohero109]

Thanks aloot

[@retard3419]

idk maybe either i am just very stupid or what but this video didnt explain shit to me im still lost as f?

[@cristianofanvivo7904]

still confused