Question 1
What is a mixed strategy in game theory?
Question 2
Why might a rational player randomize in a mixed strategy?
Question 3
If a player uses a mixed strategy of $0.6$ on Action $A$ and $0.4$ on Action $B$, what does that mean?
Question 4
Which situation is an example of simple uncertainty rather than strategic randomization?
Question 5
What does it mean if a player assigns probability $1$ to one action in a mixed-strategy description?
