Mixed Strategies, Bluffing & RPS

Mixed Strategies, Bluffing & RPS

Key ideas about randomized play, the indifference principle, and designing RPS triads and bluffs.

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Answer

Study Smart Tips for Mixed Strategies, Bluffing & RPS

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Questions Covered in This Set

11 cards to master

1

Mixed strategy

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2

Why does Rock-Paper-Scissors have no pure Nash equilibrium?

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3

Indifference principle

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4

RPS equilibrium mix and value

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5

Why does RPS stay interesting despite trivial math?

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6

Penalty kick equilibrium insight

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7

Whose payoffs determine whose mix?

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8

Design implication of buffing an option

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9

Why is bluffing an equilibrium, not a trick?

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10

Rough bluff-to-value ratio for a pot-sized bet

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11

Why use RPS triads in game design?

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Estimated study time: ~8 minutes