Examlex
Penfield #1 through #5 are:
Dominant Strategy
A strategy in game theory that yields the best outcome for a player, regardless of what the other players do.
Payoff
The gain or loss that an investor or a player in a game receives as a result of a particular action or decision.
Nash Equilibrium
A concept in game theory where no player can benefit by changing their strategy if the strategies of the other players remain unchanged.
Payoff
The return or reward from an investment or decision, often evaluated in terms of profit or benefit gained.
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