Examlex
The term _____ refers to the rules for combining words in a particular language.
Sequential Games
Games in which players make decisions one after another, with later players having knowledge of the previous actions taken by other players.
Dominant Strategy
A strategy that is the best for a player in a game irrespective of the strategies chosen by other players.
Nash Equilibrium
A concept within game theory where no participant can benefit by changing strategies while the other participants keep theirs unchanged.
Maximin Strategy
A decision rule in game theory where a player maximizes the minimum gain that can be achieved, considering the worst-case scenario.
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