BACKWARD INDUCTION
Process of concluding backwards from the end of a certain problem or scenario to determine the array of optimal actions in game theory. Looking at a two-player game, the method begins at the last step or decision of the player and determines his next move by expecting the player’s next action at that junction. Results from this process often do not hold up in reality. Game theory inventors John von Neumann and Oskar Morgenstern first mentioned this process in 1944.
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Split-Funded Annuity
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Eurobank
Financial institution accepting deposits in foreign currencies and making foreign currency loans. It does not necessarily have to be situated in Eu ...
Green Monday
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Macroeconomic Factor
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Schedule 14D-9
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14:30 | Building Permits | Mar | |
18:45 | SNB Chairman Thomas Jordan Speaks | ||
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