🎯 Game Theory — Definition Basics

A single-file HTML note for core concepts in normal-form games: beliefs, mixed and correlated strategies, dominance, iterated deletion, best responses, and rationalizability.

1️⃣ Normal-Form Game foundation

A normal-form game is written as

\[ G = (N, (S_i)_{i \in N}, (u_i)_{i \in N}) \]

where:

Interpretation. A player chooses a strategy \(s_i \in S_i\). Once all players choose, the profile \(s=(s_1,\dots,s_n)\) determines every player's payoff.

Example: Prisoner's Dilemma

Player 1 \ Player 2 C D
C (3,3) (0,4)
D (4,0) (1,1)

This is a static, complete-information normal-form game. Each player chooses \(C\) or \(D\) without observing the other's move.

2️⃣ Beliefs probability over others' moves

For player \(i\), let

\[ S_{-i} = \prod_{j \neq i} S_j \]

A belief of player \(i\) is a probability distribution over opponents' strategy profiles:

\[ \mu_i \in \Delta(S_{-i}) \]

So \(\mu_i(s_{-i})\) is the probability that player \(i\) assigns to opponents choosing \(s_{-i}\).

Important distinction. A belief is a player's probabilistic view of what others will do. It is not the same thing as the opponents' actual mixed strategies.

Independent belief

The belief is independent if it factorizes as

\[ \mu_i(s_{-i}) = \prod_{j \neq i} \mu_{ij}(s_j) \]

That is, player \(i\) thinks opponents randomize independently.

Correlated belief

The belief is correlated if it is any distribution in \(\Delta(S_{-i})\), not necessarily factorizable.

\[ \mu_i \in \Delta(S_{-i}) \quad \text{with no product restriction} \]

Example

Suppose player 1 believes players 2 and 3 either both play Left or both play Right:

\[ \mu_1(L,L)=\tfrac12, \qquad \mu_1(R,R)=\tfrac12, \qquad \mu_1(L,R)=\mu_1(R,L)=0 \]

This is correlated because the actions of players 2 and 3 move together.

3️⃣ Best Responses optimization given a belief

Given a belief \(\mu_i \in \Delta(S_{-i})\), player \(i\)'s expected payoff from strategy \(s_i\) is

\[ U_i(s_i,\mu_i)=\sum_{s_{-i}\in S_{-i}} \mu_i(s_{-i})\,u_i(s_i,s_{-i}) \]

A strategy \(s_i\) is a best response to \(\mu_i\) if it maximizes this expected payoff:

\[ s_i \in BR_i(\mu_i) \iff U_i(s_i,\mu_i) \ge U_i(s_i',\mu_i) \quad \forall s_i' \in S_i \]

Pure-profile version

If opponents are believed to choose a specific profile \(s_{-i}\), then

\[ BR_i(s_{-i}) = \arg\max_{s_i \in S_i} u_i(s_i,s_{-i}) \]

Example

Player 1 \ Player 2 L R
U (2,1) (0,0)
D (1,2) (3,1)

If player 1 believes player 2 will choose \(L\) with probability \(p\), then

\[ U_1(U,\mu_1)=2p, \qquad U_1(D,\mu_1)=p+3(1-p)=3-2p \]

Hence \(U\) is a best response when \(2p \ge 3-2p\), i.e.

\[ p \ge \tfrac34 \]

4️⃣ Mixed Strategies players randomize

A mixed strategy of player \(i\) is a probability distribution over \(S_i\):

\[ \sigma_i \in \Delta(S_i) \]

The profile of mixed strategies is \(\sigma=(\sigma_1,\dots,\sigma_n)\in \prod_i \Delta(S_i)\).

Expected payoff under mixed strategies

\[ U_i(\sigma)=\sum_{s\in S} \left(\prod_{j\in N}\sigma_j(s_j)\right) u_i(s) \]

This formula uses independence across players' randomizations.

Example: Matching Pennies

Player 1 \ Player 2 H T
H (1,-1) (-1,1)
T (-1,1) (1,-1)

No pure strategy profile is stable, but there is a mixed equilibrium where each player chooses \(H\) and \(T\) with probability \(\tfrac12\).

5️⃣ Correlated Strategies joint randomization

A correlated strategy is a probability distribution over the full set of action profiles:

\[ \pi \in \Delta(S) \]

Unlike mixed strategies, \(\pi\) need not factorize into independent components.

Key difference. Mixed strategies use independent randomization by each player; correlated strategies allow a common random device to generate dependence across players' recommendations.

Example

Suppose two players both choose \(A\) or \(B\), and a public coin recommends the same action to both:

\[ \pi(A,A)=\tfrac12, \qquad \pi(B,B)=\tfrac12 \]

Then players' actions are perfectly correlated. This cannot generally be represented as independent mixing unless the marginal probabilities happen to match a product form.

6️⃣ Strict Dominance eliminate clearly inferior strategies

A strategy \(s_i \in S_i\) is strictly dominated by another strategy \(s_i'\) if

\[ u_i(s_i',s_{-i}) > u_i(s_i,s_{-i}) \quad \forall s_{-i}\in S_{-i} \]

That means \(s_i\) is always worse, no matter what opponents do.

Example: Prisoner's Dilemma

In the payoff matrix from Section 1, for each player, \(D\) strictly dominates \(C\), because

\[ u_i(D,C) = 4 > 3 = u_i(C,C), \qquad u_i(D,D) = 1 > 0 = u_i(C,D) \]

So cooperation \(C\) is strictly dominated by defection \(D\).

Note. A strategy may also be strictly dominated by a mixed strategy, not only by a pure strategy. This matters for rationalizability.

7️⃣ Iterated Deletion of Strictly Dominated Strategies (IDSDS) procedure

Start from the original strategy sets \(S_i^0 = S_i\). At each round \(k\), remove all strategies that are strictly dominated in the reduced game. This defines a sequence

\[ S_i^0 \supseteq S_i^1 \supseteq S_i^2 \supseteq \cdots \]

where

\[ S_i^{k+1} = \Big\{ s_i \in S_i^k : s_i \text{ is not strictly dominated on } S_{-i}^k \Big\} \]

The strategies that survive all rounds are the strategies surviving IDSDS.

Example

Player 1 \ Player 2 L M R
U (3,2) (2,1) (1,0)
D (2,1) (1,0) (0,2)

For player 2, \(M\) is strictly dominated by \(L\) because \(2>1\) and \(1>0\). Delete \(M\). In the reduced game with columns \(L,R\), player 1 still prefers \(U\) to \(D\) against both columns, so \(D\) is strictly dominated by \(U\). After deleting \(D\), player 2 prefers \(L\) to \(R\). The unique surviving profile is \((U,L)\).

8️⃣ Never Best Response (NBR) stronger viewpoint via beliefs

A strategy \(s_i\) is a never best response if there is no belief under which it is optimal:

\[ \nexists\, \mu_i \in \Delta(S_{-i}) \text{ such that } s_i \in BR_i(\mu_i) \]

Equivalently, no matter what the player believes about others, that strategy is never optimal.

Comparison. Strict dominance says a strategy is always worse than some alternative for every opponent action. Never-best-response says it is never optimal for any belief over opponent actions.

9️⃣ Rationalizability survival under rational thinking

A strategy \(s_i\) is rationalizable if it is a best response to some belief over opponents' strategies that themselves survive similar reasoning.

Operational definition

Define sets \(R_i^0 = S_i\), and inductively

\[ R_i^{k+1} = \left\{ s_i \in R_i^k : \exists \mu_i \in \Delta(R_{-i}^k) \text{ with } s_i \in BR_i(\mu_i) \right\} \]

The strategies that survive all rounds are the rationalizable strategies.

Equivalent intuition

Rationalizable strategies are exactly those that can still be chosen when everyone is rational, everyone knows everyone is rational, everyone knows that everyone knows everyone is rational, and so on.

Example

Player 1 \ Player 2 L R
U (2,2) (0,0)
D (0,0) (1,1)

For player 1, \(U\) is a best response to belief "player 2 chooses \(L\)" and \(D\) is a best response to belief "player 2 chooses \(R\)". So both \(U\) and \(D\) are rationalizable. The same holds for player 2.

🔟 Rationalizability vs Strict Dominance key relation

These ideas are closely related but not identical in wording:

In finite games, a central theorem states:

\[ \text{Rationalizable strategies} = \text{strategies surviving iterated deletion of never-best-responses} \]

And equivalently, in finite games:

\[ \text{Rationalizable strategies} = \text{strategies surviving iterated deletion of strategies strictly dominated by mixed strategies} \]
Important nuance. If you only delete strategies strictly dominated by pure strategies, you may keep too many strategies. The exact equivalence with rationalizability uses dominance by mixed strategies, or the never-best-response formulation.

1️⃣1️⃣ Extended Notes deep dives added over time

Each entry below is a self-contained expanded note. New entries are appended chronologically.

2026-05-03 Never Best Response ≠ Dominated by a Pure Strategy

This note gives a concrete example showing a strategy can be a never best response without being strictly dominated by any pure strategy — but it is always dominated by some mixed strategy.

Setup

Player 1 chooses among \(\{T,M,B\}\), player 2 chooses among \(\{L,R\}\). The payoff matrix for player 1 is:

\[ \begin{array}{c|cc} & L & R \\\hline T & 1 & 1 \\ M & 3 & 0 \\ B & 0 & 3 \end{array} \]

Step 1 — Is \(T\) strictly dominated by a pure strategy?

Compare \(T\) with \(M\):

  • against \(L\): \(M=3 > 1=T\) ✓
  • against \(R\): \(M=0 < 1=T\) ✗

So \(M\) does not strictly dominate \(T\).

Compare \(T\) with \(B\):

  • against \(L\): \(B=0 < 1=T\) ✗
  • against \(R\): \(B=3 > 1=T\) ✓

So \(B\) also does not strictly dominate \(T\).

Conclusion. \(T\) is not strictly dominated by any pure strategy.

Step 2 — Is \(T\) ever a best response?

Suppose player 1 believes player 2 plays \(L\) with probability \(p\) and \(R\) with probability \(1-p\). The expected payoffs are:

\[ u(T) = 1, \qquad u(M) = 3p, \qquad u(B) = 3(1-p) \]

For \(T\) to be a best response we need simultaneously:

\[ 1 \ge 3p \quad\Longrightarrow\quad p \le \tfrac{1}{3} \] \[ 1 \ge 3(1-p) \quad\Longrightarrow\quad p \ge \tfrac{2}{3} \]
Impossible. We cannot have \(p \le \tfrac{1}{3}\) and \(p \ge \tfrac{2}{3}\) at the same time. So there is no belief under which \(T\) is a best response.

Therefore, \(T\) is a never best response.


Step 3 — Is \(T\) dominated by a mixed strategy?

Consider the mixed strategy \(\sigma = \tfrac{1}{2}M + \tfrac{1}{2}B\):

\[ u(\sigma, L) = \tfrac{1}{2}\cdot 3 + \tfrac{1}{2}\cdot 0 = 1.5 > 1 = u(T,L) \] \[ u(\sigma, R) = \tfrac{1}{2}\cdot 0 + \tfrac{1}{2}\cdot 3 = 1.5 > 1 = u(T,R) \]
Conclusion. \(\sigma = \tfrac{1}{2}M + \tfrac{1}{2}B\) strictly dominates \(T\).

Key Takeaway

In this game, \(T\) is:

  • Not strictly dominated by any pure strategy
  • A never best response (not optimal for any belief)
  • Strictly dominated by a mixed strategy

This illustrates the general theorem for finite games:

\[ \text{never best response} \;\iff\; \text{strictly dominated by some mixed strategy} \] \[ \text{never best response} \;\not\Leftarrow\; \text{strictly dominated by a pure strategy} \]