In this paper, the main contributions are as follows: (a) Firstly, we propose an approach named OISDD (Optimal Inspection Strategy for Drunk Driving) with two phases, which concludes (i) we propose an algorithm called OA to obtain an optimal strategy (a mixed strategy
Instead, each player must adopt a mixed strategy
so that choices become probabilistic depending on the payoff matrices, which in turn depend on union and firm concession curve parameters.
m], that is to say, the telecom carrier chooses not to cooperate with the third party payment company and achieves the maximization of profit, in this situation, there does not exist Pure Strategy Nash Equilibrium, but Mixed Strategy
Nash Equilibrium instead.
The fifth section adds further intuition by providing some numerical examples, whereas the sixth one defines formally the defect probabilities arising from the mixed strategy
equilibria of this set of games.
A mixed strategy
for a customer is specified by a vector ([q.
Nash (1950b) takes a game with n players where each player has a finite set of pure strategies and picks a mixed strategy
defined over this set.
That result corroborates the opinion of Porter (1985) that a company having a stuck-in-the-middle strategy will only attain superior performance if it is favored by the structure of its sector or if the main competitors also adopt that mixed strategy
Many will be mystified by the following quote from Nash: "An equilibrium point is an n-tuple such that each player's mixed strategy
maximizes his payoff if the strategies of the others are held fixed.
90] and Molner,  have all empirically confirmed that customers' perceived value is a result of the marketing mixed strategy
In 1994, when the World Cup was played in the United States, again Brazil discarded the aggressive style and chose a mixed strategy
where players like Romario and Bebeto caught the eye.
A mixed strategy
of international trading, overseas investment and maximising the production of what can be grown domestically is needed to secure future food supplies.
Optimal mixed strategy
of player I (company A) is obtained by writing the coefficients of the objective function coefficients restrictions, limitations and value of the objective function formula in Excel sheet, as shown in Fig.