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Author Question: If you take a maximin strategy, (Read 119 times)

FButt

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on: Mar 14, 2021
If you take a maximin strategy,
◦ you are irrational according to economic definition.
◦ you are ensuring that the other player gets the worst possible outcome.
◦ you are getting the best possible outcome given that the other player does the thing that's worst for you.
◦ then both players are doing the best they can given the payoffs in the game.
Managerial Economics and Strategy ¦ Perloff, Brander ¦ 3rd Edition
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Marked as best answer by FButt on Mar 14, 2021

qytan

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Reply #1 on: Mar 14, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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FButt

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Reply 2 on: Mar 14, 2021
Excellent

samiel-sayed

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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