How do you find all mixed strategy Nash equilibrium for a problem like this:

There are two drivers, (Driver 1 &Driver 2). They each have two actions. Driver 1 can either Straight or Swerve. Driver 2 can either straight or swerve. There are four possible situations with Driver 1 on column and Driver 2 on row

a. Driver 1 straight, and Driver 2 swerve yielding pay off: -100,-100.

b. Driver 1 swerves, and Driver 2 straight yielding pay off; -1,1

c. Driver 1 straight and Driver 2 swerves, yielding pay off; 1,-1

d. Driver 1 swerves and Driver 2 swerves, yielding pay off; 0,0

Find all mixed strategy Nash Equillibria.

Answer rating: 100% (QA)

In order to find all mixed strategy Nash equilibria we need to check if each player has a probabilit... View the full answer