-
In particular, what we're going to worry about are expected payoffs.
-
So the expected payoff of the mixed strategy P,
-
let's be consistent and call it Pi,
-
the mixed strategy Pi is what?
-
It's the weighted average.
-
it's a weighted average or a weighted mixture if you like,
-
of the expected payoffs of each of the pure strategies in the mix.
-
So this is a long way of saying something again
-
which I think is a little bit obvious,
-
but let me just say it again.
-
The way in which we figure out the expected payoff of a mixed strategy is,
-
we take the appropriately weighted average of the expected payoffs