Chainstore paradox (or "Chain-Store paradox") is a concept that purports to refute standard game theory reasoning.
Read more about Chainstore Paradox: The Chain Store Game, The Economy of Decision Effort
Famous quotes containing the word paradox:
“A good aphorism is too hard for the teeth of time and is not eaten up by all the centuries, even though it serves as food for every age: hence it is the greatest paradox in literature, the imperishable in the midst of change, the nourishment which—like salt—is always prized, but which never loses its savor as salt does.”
—Friedrich Nietzsche (1844–1900)