Formal Definition
Let be the class of all games and, for each game, let be the set of strategy profiles of . A solution concept is an element of the direct product i.e., a function such that for all
Read more about this topic: Solution Concept
Famous quotes containing the words formal and/or definition:
“On every formal visit a child ought to be of the party, by way of provision for discourse.”
—Jane Austen (1775–1817)
“One definition of man is “an intelligence served by organs.””
—Ralph Waldo Emerson (1803–1882)