User:Cretog8/Scratchpad

--- So, testing this reference thingie

How's that work?

Critiques
For instance, McKelvey, Palfrey and Weber conducted AMP experiments with the four different payoff tables shown below. They estimated different lambda values for the different games.

Asymmetric Matching Pennies
Compare to Matching Pennies

Like Matching Pennies, AMP has a unique mixed-strategy Nash equilibrium. In the Nash equilibrium, the row player plays heads with probability 1/2, and the column player plays Heads with probability $$\frac{1}{1+x}$$.

Since in a Nash equilibrium, the determinant of an equilibrium strategy is that the other player can't do any better (is indifferent), the row player's equilibrium strategy is insensitive to x. This insensitivity to of a player to their own payoffs is counter-intuitive, and...