Question

Mark all that are TRUE about aame theory terminology.

O. An Assignment Of Strategies To Each Player Is Called A Strateg
O. A. pure strategy is a strategy that is always best
O. A weakly dominat strategy for player A is one thet gives a better payoff (than a's other strategies) for more than half of B's other strategies.
O. A mixed strategy is a randomized policy assigning a probability to each action that the player in question can take
O. A nash equilibrium is a strategu profile in which no player in which no player can bnefit by switching strategies,
given that the other player's strategy remains unchange

Answer 1

The correct options about game theory terminology are:

1. An Assignment Of Strategies To Each Player Is Called A Strategy Profile.

2. A pure strategy is a strategy that is always best.

3. A weakly dominant strategy for player A is one that gives a better payoff (than A's other strategies) for more than half of B's other strategies.

4. A mixed strategy is a randomized policy assigning a probability to each action that the player in question can take.

5. A Nash equilibrium is a strategy profile in which no player can benefit by switching strategies, given that the other player's strategy remains unchanged.

Step-by-step explanation:

In game theory terminology, which is a branch of mathematics commonly used in social sciences, business, law, and military strategy, the following statements about game theory terminology can be evaluated for their truthfulness:

• An Assignment Of Strategies To Each Player Is Called A Strategy Profile.
• A pure strategy is a strategy that is always best.
• A weakly dominant strategy for player A is one that gives a better payoff (than A's other strategies) for more than half of B's other strategies.
• A mixed strategy is a randomized policy assigning a probability to each action that the player in question can take.
• A Nash equilibrium is a strategy profile in which no player can benefit by switching strategies, given that the other player's strategy remains unchanged.

Therefore, the correct options about game theory terminology are that a mixed strategy is a randomized policy assigning probabilities to each action, and a Nash equilibrium is a profile where no player benefits by changing strategy assuming others' strategies are constant.