In Game Theory, a Player Follows Its Maximum Strategy Is

question 29

Multiple Choice

In game theory, a player follows its maximum strategy is the option that

• A)makes the lowest possible payoff as large as possible
• B)gives the highest possible payoff.
• C)makes the highest possible payoff as large as possible
• D)allow the player to maximize his/her losses.

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Definitions:

Multiple Approach-Avoidance

A decision-making conflict involving several alternatives, each with positive and negative aspects.

Avoidance-Avoidance Conflict

A psychological conflict that occurs when a person must choose between two equally unattractive options or outcomes.

Approach-Approach Conflict

A decision-making problem between two attractive options.

Type A Behavior

A personality pattern characterized by competitiveness, urgency, aggression, and an unending struggle to achieve more in less time.