Sentence examples for a best reply to from inspiring English sources
Late bidding may also arise out of equilibrium, as a best reply to incremental bidding.
In these circumstances, any strategy that is a best reply to any vector of mixed strategies available in NE is said to be rationalizable.
In paradigmatic fictitious play models, each player plays a "best reply" to the observed historical frequency of her opponents' past actions.
A Nash equilibrium is a combination of strategies, one for each individual, such that each individual's strategy is a best reply to the others' strategies, were one to take them as given.
The games we've modeled to this point have all involved players choosing from amongst pure strategies, in which each seeks a single optimal course of action at each node that constitutes a best reply to the actions of others.
Moreover, teams expect their opponents to be more often consistent, i.e., first-order point beliefs are more often a best reply to second-order point beliefs.
We find that only about one half of the individual decisions (55.79%) are a best-reply to the individual's own first-order (point) belief, confirming the earlier findings by Costa-Gomes and Weizsäcker (2008) or Danz et al. (2012).
(9) A sophisticated type plays best reply to the probability distribution of opponents' strategies by taking the actually observed distribution of strategies in the experiment's subject pool as the estimated probability distribution.
On the one hand, the algorithm acts in a similar way than reaction functions; the output of both is the best reply to a specific situation, and the continuous interaction of reaction functions or agents with the algorithm leads to the Nash equilibria.
(6) Type D1 applies one step of deleting strategies that are dominated by pure strategies and then plays best reply to a uniform prior over the opponent's remaining strategies.
The modal type of team decision making is a strategic D1-type that applies one step of deleting strategies that are dominated by pure strategies and then plays best reply to a uniform prior over the opponent's remaining strategies.
