| |
BGonline.org Forums
En Ingles, por favor
Posted By: Casper van der Tak In Response To: En Ingles, por favor *NM* (Chuck Bower)
Date: Wednesday, 27 October 2010, at 2:29 a.m.
"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.
| |
BGonline.org Forums is maintained by Stick with WebBBS 5.12.