Hewlett-Packard Has Established a Relationship with Hitachi to Help Each

question 32

True/False

Hewlett-Packard has established a relationship with Hitachi to help each company build a competitive market advantage.This is an example of a joint venture.

---

Definitions:

Nash Equilibria

A situation in a non-cooperative game where no player can benefit by changing strategies, assuming the other players also don't change their strategies.

Maximin Strategy

A decision rule in game theory that aims to maximize the minimum gain possible from a set of strategies.

Dominant Strategy

In game theory, a strategy that is best for a player, regardless of the strategies chosen by other players.

Nash Equilibria

A concept in game theory where no participant can gain by unilaterally changing their strategy if the strategies of others remain unchanged.