Question
Consider the matching-pennies game:
src="https://www.ixambee.com/questionimage/Chapter/1645509066-RBI-5.PNG" alt="" /> Let p= probability Player 2 plays left, q= probability Player 1 plays left. Find the mixed-strategy equilibrium.Solution
For player1 to be indifferent: p-(1-p)= -p+(1-p) p=1/2 Similarly we obtain q=1/2.
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