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average payoff

См. также в других словарях:

  • payoff — pay|off [ˈpeıɔf US o:f] n 1.) an advantage or profit that you get as a result of doing something ▪ With electric cars there is a big environmental payoff. 2.) a payment that is made to someone, often illegally, in order to stop them from causing… …   Dictionary of contemporary English

  • Average Price Call — A type of option where the payoff is either zero or the amount by which the average price of the asset exceeds the strike. The average price of these exotic options is derived with a timeframe that is determined at the creation of the option …   Investment dictionary

  • Average Price Put — A type of option where the payoff is either zero or the amount by which the strike price exceeds the average price of the asset. The average price of these exotic options is derived with a timeframe that is determined at the creation of the… …   Investment dictionary

  • payoff — noun 1. payment made to a person in a position of trust to corrupt his judgment • Syn: ↑bribe • Derivationally related forms: ↑bribe (for: ↑bribe) • Hypernyms: ↑payment …   Useful english dictionary

  • Superrationality — 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… …   Wikipedia

  • Risk aversion — is a concept in psychology, economics, and finance, based on the behavior of humans (especially consumers and investors) while exposed to uncertainty. Risk aversion is the reluctance of a person to accept a bargain with an uncertain payoff rather …   Wikipedia

  • Fundamental theorem of poker — The fundamental theorem of poker is a principle first articulated by David Sklansky that he believes expresses the essential nature of poker as a game of decision making in the face of incomplete information. The Fundamental Theorem is stated in… …   Wikipedia

  • game 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… …   Universalium

  • Minimax — This article is about the decision theory concept. For other uses, see Minimax (disambiguation). Minimax (sometimes minmax) is a decision rule used in decision theory, game theory, statistics and philosophy for minimizing the possible loss for a… …   Wikipedia

  • Learning classifier system — A learning classifier system, or LCS, is a machine learning system with close links to reinforcement learning and genetic algorithms. First described by John Holland, his LCS consisted of a population of binary rules on which a genetic algorithm… …   Wikipedia

  • Chicken (game) — For other uses, see Chicken (disambiguation). The game of chicken, also known as the hawk dove or snowdrift[1] game, is an influential model of conflict for two players in game theory. The principle of the game is that while each player prefers… …   Wikipedia

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