Using a simple poker game to introduce mixed strategies in game theory

Authors

  • Salim Neil Khan Coventry University

DOI:

https://doi.org/10.21100/msor.v16i1.650

Keywords:

Practical Activity, Game Theory, Poker, Simulation.

Abstract

This article presents a classroom activity that introduces the idea of mixed strategies in game theory. In the activity, the students investigate a simple two-player poker game with the aim of determining the best strategies for both players. It comprises a mixture of hands-on playing, analysis using game theory, and simulation using computers. 

Author Biography

Salim Neil Khan, Coventry University

Schoolf of Computing, Electronics and MathsLecturer

References

Freeman, S., Eddy, S.L., McDonough, M., Smith, M.K., Okoroafor, N., Jordt, H. and Wenderoth, M.P., 2014. Active learning increases student performance in science, engineering, and mathematics. Proceedings of the National Academy of Sciences of the United States of America, 111(23), pp. 8410-8415. Available at http://www.pnas.org/content/111/23/8410.short [Accessed 19 June 2017].

Maschler, M., Solan, E. and Zamir, S., 2013. Game Theory. Translated from Hebrew by Z. Hellman and edited by M. Borns. New York: Cambridge University Press. pp. 144-218.

Tucker, A.W., 1950. A two-person dilemma (unpublished notes): In: E. Rasmusen, ed. 2001. Readings in Games and Information. Oxford: Blackwell. pp. 7–8.

Von Neumann, J. and Morgenstern, O., 1944. Theory of Games and Economic Behaviour. Princeton, NJ: Princeton University Press.

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Published

2017-11-16