Mixed strategy equilibrium ■M× ed strategy equilibrium a probability distribution for each player The distributions are mutual best responses to one another in the sense of expected payoffs > It is a stochastic steady state 16Mixed strategy equilibrium ◼ Mixed strategy equilibrium ➢ A probability distribution for each player ➢ The distributions are mutual best responses to one another in the sense of expected payoffs ➢ It is a stochastic steady state 16