Final answer:
To find the mixed strategy Nash Equilibrium in the soccer penalty kick scenario, simultaneous equations are set up for the kicker and goalie's expected payoffs, ensuring both strategies are equally favorable. These equations are then solved to find the probabilities 'p' and 'q' which indicate the likelihood of each player choosing to aim or defend left.
Step-by-step explanation:
To find the mixed strategy Nash Equilibrium (NE) in this soccer penalty kick game, we set up equations representing the expected payoffs for the kicker and goalie based on their probabilities of aiming/defending left or right. The kicker's expected payoff for aiming left (EL) and aiming right (ER) should be equal at equilibrium, as should the goalie's expected payoffs for defending left (DL) and defending right (DR).
For the kicker, we have:
- EL = 0.1q + 0.7(1 - q)
- ER = 0.85q + 0.2(1 - q)
Setting EL = ER to find q:
0.1q + 0.7(1 - q) = 0.85q + 0.2(1 - q)
Solving this equation for q gives the goalie's probability of defending left. The kicker's p is then found by equating the goalie's expected payoffs for defending left and right:
- DL = 0.9p + 0.15(1 - p)
- DR = 0.3p + 0.8(1 - p)
Setting DL = DR to find p:
0.9p + 0.15(1 - p) = 0.3p + 0.8(1 - p)
Solving this equation for p gives the kicker's mixed strategy NE probability of aiming left.