What is the difference between pure and mixed strategy under game theory?
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Game theory is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers" which is used in biology, economics, computer science, political science, and psychology.
In game theory, the player's strategy is an options that can be chosen in a setting where the outcome depends on his own actions and also on the action of others.
In game theory, the player's strategy is an options that can be chosen in a setting where the outcome depends on his own actions and also on the action of others.
A pure strategy gives a complete idea and definition of how a player is going to play a game. The pure gaming strategy determines the move of a player which he might make in any situation he could face. A ser of the pure strategies of a player is known as the "Player's strategy".
A mixed strategy is a probability to each pure strategy. This kind of strategy allows a player to randomly select a pure strategy. Since the probabilities are continuous, there are infinite mixed strategies that are available to a player.
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