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The cauda equina
Maximin Strategy
In decision-making, a strategy that maximizes the minimum gain that can be achieved, often used under conditions of uncertainty to minimize possible losses.
Dominant Strategy
In game theory, a strategy that is best for a player regardless of the strategies chosen by other players.
Nash Equilibria
Nash Equilibria are concepts in game theory where each player's chosen strategy maximizes their payoff, given the strategies chosen by other players, indicating no incentive to deviate unilaterally.
Maximin Strategy
A decision-making rule used in the face of uncertainty, prioritizing the maximization of the minimum possible payoff.
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