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Value (Game)

The solution to a Game in Game Theory. When a Saddle Point is present

\max_{i\leq m} \min_{j\leq n} a_{ij} = \min_{j\leq n}\max_{i\leq m} a_{ij}\equiv v,

and $v$ is the value for pure strategies.

See also Absolute Value, Game Theory, Minimax Theorem, Valuation

© 1996-9 Eric W. Weisstein