Examlex
Which of the following statements defines incidence?
Optimal
The best or most favorable point, level, or condition, especially under specific constraints or conditions.
Maximin Strategy
A decision rule which aims to maximize the minimum payoff attainable, often used under conditions of uncertainty.
Payoffs
The returns or benefits received from a particular action or investment.
Nash Equilibrium
A concept within game theory where each player's strategy is optimal, given the strategies of other players, and no player has anything to gain by changing their own strategy alone.
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