Game Theory 101 (#64): Bayesian Nash Equilibrium
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YouTubeWilliam Spaniel
Game Theory 101 (#64): Bayesian Nash Equilibrium
gametheory101.com/courses/game-theory-101/ In games of incomplete information, a BNE is a set of strategies, one for each type of player, such that no type has incentive to change his or her strategy given the beliefs about the types and what the other types are doing. Essentially, we are generalizing Nash equilibrium to situations where there ...
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Bayesian game Bayesian Nash Equilibrium
12.10 Purification: Consider the perturbed Matching Pennies game described in Section 12.5 and show that the Bayesian Nash equilibrium identified is the unique Bayesian Nash equilibrium (Hint: Some insights can be gained by looking at the solution to the study group example in Section 12.2.2.)12.5 Mixed Strategies Revisited: Harsanyi's Interpretation. In particular, imagine that the payoffs are given by this perturbed "Matching Pennies" game:Player 21 8√1, -1 8√2 -√1 6√1Player 1-1, 1 8âˆ
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