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Your company wants to develop intelligent techniques to create a "smart" oven that can perfectly cook basic foodstuffs, such as roasts and bread, using sensors and minimal input from the user. The system would know the difference between rare, medium rare, medium, and well done roasts. The category of intelligent technique that would describe this system is
Dominant-Strategy Equilibrium
A situation in game theory where a specific strategy is best for a player, regardless of the strategies chosen by other players.
Pure-Strategy Nash Equilibrium
A situation in game theory in which players select a single strategy that yields the best response given the strategies of all other players.
Mixed Strategies
A strategic decision in a game where players randomize over two or more available actions in order to keep opponents uncertain of their next move.
Expected Payoffs
The forecasted return on an investment or decision, taken as the weighted average of all possible outcomes, considering their probabilities.
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