rational payoff
1Rational pricing — is the assumption in financial economics that asset prices (and hence asset pricing models) will reflect the arbitrage free price of the asset as any deviation from this price will be arbitraged away . This assumption is useful in pricing fixed… …
2Rational choice theory — This article is about a theory of economics. For Rational Choice Theory as applied to criminology, see Rational choice theory (criminology). Economics …
3Rational Decision-Making Model — The Rational Decision Making Model is a process for making logically sound decisions. [Robbins, Stephen P., and Timothy A. Judge. Organization Behavior. 12th ed. Upper Saddle River, New Jersey: Pearson Prentice Hall, 2007. 156 158.] The model… …
4Continuous game — A continuous game is a mathematical generalization, used in game theory. It extends the notion of a discrete game, where the players choose from a finite set of pure strategies. The continuous game concepts allows games to include more general… …
5game theory — a mathematical theory that deals with strategies for maximizing gains and minimizing losses within prescribed constraints, as the rules of a card game: widely applied in the solution of various decision making problems, as those of military… …
6Nash equilibrium — A solution concept in game theory Relationships Subset of Rationalizability, Epsilon equilibrium, Correlated equilibrium Superset of Evolutionarily stable strategy …
7Bayesian game — In game theory, a Bayesian game is one in which information about characteristics of the other players (i.e. payoffs) is incomplete. Following John C. Harsanyi s framework, a Bayesian game can be modelled by introducing Nature as a player in a… …
8Superrationality — The concept of superrationality is due to Douglas Hofstadter, in his article series and book Metamagical Themas [ Douglas R. Hofstadter Metamagical Themas , Basic Books] . Superrationality is a type of rational decision making which is different… …
9Prisoner's dilemma — This article is about game theory. For the 1988 novel, see Prisoner s Dilemma (novel). For the Doctor Who audiobook, see The Prisoner s Dilemma. For the 2001 play, see The Prisoner s Dilemma (play). The prisoner’s dilemma is a canonical example… …
10Extensive-form game — An extensive form game is a specification of a game in game theory. This form represents the game as a tree. Each node (called a decision node) represents every possible state of play of the game as it is played. Play begins at a unique initial… …
