Examlex
In Word's order of operations, which of the following is the first step in evaluating an expression?
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.
Maximin Strategy
In decision-making and game theory, a strategy which maximizes the minimum gain that can be achieved, focusing on the most favorable outcome of the worst possible scenarios.
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