Zero sum game: related pages
Game Theory A mathematical framework for analysing what choices rational individuals will make, when the pay-offs depend on the combination of all player's choices.
Behavioural finance A branch of financial economics that models the behaviour of investors, rather than simply assuming that they are rational and risk averse.
Dominance A strategy dominates another if it is guaranteed to lead to a better results.
Nash equilibrium In game theory, a situation in which no player has an incentive to change their strategy.
Pareto optimal A Pareto optimal, or Pareto efficient, outcome is one such that no-one could be made better off without making someone else worse off.
Efficient markets A market in which securities prices reflect all available information.
Copyright Graeme Pietersz © 2005-2019
