RE: Dynamic Mixed Equilibrium for Repeatable Games (Game Theory)

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My word! Stunning, this is too brilliant. What a way to use those games to explain mixed equilibrium and the likes, I love the concept of the chicken game, it explains how you have a chance to come to parley rather than being a sole victor or loser like most game would be designed to be depicted. In actually sense people can reach a mixed equilibrium by well losing a portion and simultaneously gaining one too and same for another person too. I understand the concept and in reality we often reach this in dialogues of a sort. If I'm not wrong at least that's how far I understand it

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I spent quite a bit of time looking into Nash equilibrium and mixed equilibrium. It holds up very well mathematically in terms of reaching stability (what you need for equilibrium) but it lacks the additional value that people can add by working towards mutually beneficial outcomes. We also live in a world that is constantly moving and changing. Being able to adopt and learn is critical to success.

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Yes you are actually right adaptability sometimes signals development and change. I do not know about Nash equilibrium and mixed equilibrium until now. Thanks for always educating.

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