On MaxMin and MinMax Strategies in Multi-Stage Games and ATACM
Abstract
The purpose of this paper is to discuss some aspects of the use of MaxMin and MinMax strategies in the analysis of multi-stage games. This discussion is motivated by the development of the ACDA Tactical Air Campaign Model (ATACM). ATACM proposes the use of approximate MaxMin and MinMax strategies instead of optimal mixed (equilibrium) strategies. Following the introduction, Chapter 2 gives a critique of the MaxMin, MinMax approach as implemented in ATACM. Chapter 3 treats several computational aspects of true MaxMin and MinMax strategies; and Chapter 4 gives a result concerning MaxMin and MinMax values in adaptive and nonadaptive games. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 1976
- Accession Number
- ADA030246
Entities
People
- Eleanor L. Schwartz
- James E. Falk
- Jeffrey H. Grotte
- Jerome Bracken
- Lowell Bruce Anderson
Organizations
- Institute for Defense Analyses