Funda of game theory
Fundamentals of Game Theory
1) Mixing Moves
2) Strategic Moves
3) Revealing information
Mixing Moves: Most of the times the poker players should be mixing their moves in order not to be exploited by the other players about their systematic actions. By mixing moves the other players are kept guessing all the while during the course of the game. Which makes the rivals not a easy job to guess the next move or plan of action for the coming game.
Strategic Moves: All the player needs to do is, use the concept of threats and promises in order to change the other player’s course of action. It should be taken care that these promises should be fulfilled at a later point of time.
Revealing Information: When a player has some information which is not there with other players, he tends to hide that information. Convincingly he tries to reveal it at a later stage. So in order to convey information it more precise to use an action to signal which would not be wanted otherwise.
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