Intermediate Microeconomic Theory
A pure strategy is a predetermined and consistent plan of action that a player follows in a strategic game, where they choose a specific action with certainty, as opposed to randomizing their actions. This concept is crucial for understanding how players make decisions in both static and dynamic games, as it reveals the thought process behind achieving optimal outcomes based on the strategies of other players. In contexts like Nash equilibrium and dominant strategies, pure strategies highlight the best choices players can make when faced with predictable actions from their opponents.
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