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mixed strategy

   Also found in: Wikipedia 0.01 sec.
mixed strategy [¦mikst ′strad·ə·jē]
(mathematics)
A method of playing a matrix game in which the player attaches a probability weight to each of the possible options, the probability weights being nonnegative numbers whose sum is unity, and then operates a chance device that chooses among the options with probabilities equal to the corresponding weights.
(statistics)
A concept in game theory which allows a player more than one choice of action which is determined by a chance mechanism.


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Aa "They are taking a mixed strategy, which I would call the sweet and sour approach.
However, as Daniel Spiller from the Queensland Water Commission highlighted, with the full impacts of climate change on water supply still imprecise, the state government is planning a mixed strategy, including efficiency measures already underway, with some climate resilience embodied in its 'hardware' water grid.
Written for policymakers and economists, this book describes a mixed strategy of targeted benefit adjustments, continued adjustments of retirement age and a system of add-on individual accounts that may be an effective overall approach.
 
 
 
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