Dictionary

Glossary of game theory terms.

Strategy

A strategy defines a set of moves or actions a player will follow in a given game. A strategy must be complete, defining an action in every contingency, including those that may not be attainable in equilibrium. For example, a strategy for the game of checkers would define a player's move at every possible position attainable during a game. Such moves may be random, in the case of mixed strategies.

updated: 15 August 2005
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