Game Theory Fundamentals and Nash Equilibrium

Define normal-form games (players, strategies, payoffs) and compute expected payoffs for mixed strategies.

Define best response and dominated strategies, and apply iterated elimination of strictly dominated strategies.

Define Nash Equilibrium in terms of best responses and identify pure-strategy NEs in a payoff matrix.

Compute mixed-strategy Nash Equilibria in 2x2 games using the indifference principle.