PPT Slide
A mixed strategy is a convex combination of a players pure strategies i.e. their weighted sum with non-negative weights adds to one and represents the chance the player will actually uses these strategies.
Notice: A convex combination can’t have a value higher (lower) than that of its highest (lowest) component.
Example: mixed strategy m for player I with equation
m = 0.1ll +0.2lr +0.3rl +0.4rr