The Optimal Strategy in the Minimum Effort Game
A simple expression is derived for the optimal strategy in the minimum effort game. This maps from player beliefs to an optimal effort level. From this expression the set of Nash equilibria in the game is fully characterized. All Nash equilibria are symmetric and involve at most two actions being pl...
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| Format: | Article |
| Language: | English |
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MDPI AG
2018-06-01
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| Series: | Games |
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| Online Access: | http://www.mdpi.com/2073-4336/9/3/42 |