A “mixed strategy” equilibrium means that A) the strategies chosen by

A “mixed strategy” equilibrium means that

A) the strategies chosen by the players represent different behaviors.
B) one player has a dominant strategy, and one does not.
C) one player has a pure strategy, and one does not.
D) the equilibrium strategy is an assignment of probabilities to pure strategies.
E) the equilibrium strategy involves alternating between a dominant strategy and a Nash strategy.

 

ANSWER

D

 

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