Re: Game Theorists - Never Nash in Poker?
Actually, the changing dynamics just show that there isn't a PURE strategy to solve the game. If you employ the correct mixed strategy, in theory, you could have an optimal solution. For example, if your opponent is playing very tightly, it's profitable to play aggressively and bluff a lot. But then it's profitable for him to loosen up and snap your bluffs. Then it's profitable for you to tighten up, at which point he may also tighten up, which makes you loosen up again, etc etc. So your solution would be to play aggressivly and passively and tight and loose (etc etc) with a mix of percentages such that he cannot exploit you one way or the other.
However, it is very likely impossible to be able to define and understand poker well enough to develop such a strategy. There are too many decision points and too large of a state space for it to be reasonably solveable. We just have to operate on intuition and experience to approximate it as best we can.
Everett
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