Game Theory 101 Full Course - Game Theory 101 (#36): Modified Rock Paper Scissors

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What you'll learn

This course includes

13.5 hours of video
Certificate of completion
Access on mobile and TV

Summary

Keywords

game 101 introduction mixed pure strategy Nash equilibrium symmetric zero sum paper

Full Transcript

Game Theory 101: The Complete Textbook on Amazon: https://www.amazon.com/Game-Theory-101-Complete-Textbook/dp/1492728152/ http://gametheory101.com/courses/game-theory-101/ In this lecture, we apply the theorem on symmetric, zero sum games to eliminate possible Nash equilibria in the game of modified rock paper scissors. Afterward, we will know that the only equilibrium involves both players mixing among all three strategies. We will solve for it in the next lecture.