[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

BGonline.org Forums

En Ingles, por favor

Posted By: Casper van der Tak
Date: Wednesday, 27 October 2010, at 2:29 a.m.

In Response To: En Ingles, por favor *NM* (Chuck Bower)

"Weakly dominant" is a term from game theory - a branch of mathematics, also used in among others economics.

A strategy is weakly dominant over another strategy if it either produces an equal or better outcome than the other strategy, irrespective of the response strategy and events of nature (uncertainty).

"Dominant" - similar but without the "equal" part.

There are more formal definitions of course, but think this is clear enough.

Messages In This Thread

 

Post Response

Your Name:
Your E-Mail Address:
Subject:
Message:

If necessary, enter your password below:

Password:

 

 

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

BGonline.org Forums is maintained by Stick with WebBBS 5.12.