Examlex
The __________________ is a general test to detect whether the probability distribution of one population has shifted to the right or to the left of the probability distribution of another population.
Dominant Strategies
In game theory, strategies that result in the best possible outcome for a player, regardless of the actions taken by other players.
Backward Induction
A method used in game theory and decision-making processes that involves reasoning backwards from the end of a problem or scenario to determine a sequence of optimal actions.
Extensive Form
A representation of a game that displays the sequences of choices available to players, including their possible strategies and outcomes.
Nash Equilibrium
A concept in game theory where no player can gain by changing their strategy while the other players keep theirs unchanged, indicating optimal decision-making among competitors.
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