Examlex
If negligence of the plaintiff and negligence of the defendant proximately caused the injury and damage sustained by the plaintiff,the plaintiff can recover some damages in those states where contributory negligence is still recognized.
Maximin Strategy
The maximin strategy is a decision rule used under uncertainty, where the decision maker selects the option with the least worst outcome, maximizing the minimum gain.
Equilibrium
A condition in which the equilibrium of market supply and demand stabilizes prices.
Maximin Strategy
A decision rule used in game theory and decision-making to maximize the minimum gain that can be achieved.
Equilibrium
A state in an economy where supply equals demand, leading to a stable price for goods and services.
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