Examlex
Sensitivity analysis helps you determine the:
Pure Strategies
In game theory, strategies that involve making a specific choice or action with certainty, as opposed to mixed strategies where actions are chosen probabilistically.
Mixed Strategy
A strategic decision in game theory where a player chooses among all possible actions based on a set of probabilities for each action, rather than selecting a single action consistently.
Stackelberg Match
A strategic game in economics where one leader firm sets its output first, and then the follower firms set their outputs sequentially.
Cournot's Duopoly Game
A model of competition between two firms, where each firm chooses its output level assuming the output of the rival is fixed.
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