Further thoughts on the minimax principle
Samuel Eilon
Omega, 1973, vol. 1, issue 4, 505-511
Abstract:
A two-person non-zero sum game may have two distinct solutions: the maximin strategy and the equilibrium point. The choice of solution depends on the players' objectives and it can be shown that, although strategies may be found that are better than the maximin solution in terms of payoff, restraint and co-operation are needed for players to achieve such benefits.
Date: 1973
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