Last Updated
:2025/11/22
payoff function
( plural )
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(game theory) A mathematical function describing the award given to a single player at the outcome of a game.
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payoff function
In the experiment, the researchers designed a payoff function that assigned higher rewards to cooperative strategies to study stable equilibria.
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In the experiment, the researchers designed a payoff function that assigned higher rewards to cooperative strategies to study stable equilibria.
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