Arbeitspapier
A Discussion of Maximin
This paper builds on one of the results of Pruzhansky [22], namely that maximin strategies guarantee the same expected payoffs as mixed Nash equilibrium strategies in bimatrix games. We present a discussion on the applicability of maximin strategies in such class of games. The usefulness of maximin is illustrated from both positive and normative viewpoints. Examples are provided.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 04-028/1
- Klassifikation
-
Wirtschaft
Noncooperative Games
- Thema
-
Bounded rationality
common knowledge of rationality
correlated equilibria
rationalizability
uncertainty aversion
Spieltheorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pruzhansky, Vitaly
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Pruzhansky, Vitaly
- Tinbergen Institute
Entstanden
- 2004
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