Simplify

question 69

Multiple Choice

Simplify:

---

Definitions:

Maximin Strategy

A decision rule used in game theory and decision theory for minimizing the possible loss for a worst-case (maximum loss) scenario.

Nash Equilibrium

A situation in game theory where each player's strategy is optimal given the strategies of other players.

Nash Equilibrium

A concept in game theory where no player can benefit by changing their strategy while the other players keep theirs unchanged.

Nash Equilibrium

A concept in game theory where each player's strategy is optimal given the strategies of all other players, resulting in no incentive to deviate.