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An Immunization Strategy is a Minimax Strategy
The Journal of Finance, 1979IN A SERIES OF PAPERS-Fisher and Weil [7], Bierwag [2, 3, 4], Bierwag and Kaufman [5], and Khang [14] show that an investor can immunize a portfolio of default free coupon bonds against unexpected interest rate fluctuations by selecting a portfolio that has some appropriate measure of duration which is equal to the length of the investor's planning ...
Bierwag, G O, Khang, Chulsoon
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2015 22nd International Symposium on Temporal Representation and Reasoning (TIME), 2015
In game-theory, a classic qualitative question is to check whether a designed set of the players has a winning strategy. In several safety-critical applications, however, it is important to ensure that some redundant strategies also exist, to be used in case of some fault.
Vadim Malvone +3 more
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In game-theory, a classic qualitative question is to check whether a designed set of the players has a winning strategy. In several safety-critical applications, however, it is important to ensure that some redundant strategies also exist, to be used in case of some fault.
Vadim Malvone +3 more
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Journal of Information Systems Management, 1988
Abstract The year 1987 may well be remembered as the Year of Strategy. The ideas of using information as a strategic weapon, of creating information systems that advance corporate strategic purposes, and of using information systems for competitive advantage were everywhere - at professional meetings, in journal articles, and in books.
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Abstract The year 1987 may well be remembered as the Year of Strategy. The ideas of using information as a strategic weapon, of creating information systems that advance corporate strategic purposes, and of using information systems for competitive advantage were everywhere - at professional meetings, in journal articles, and in books.
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International Joint Conference on Autonomous Agents and Multiagent Systems, 2011
There has been significant recent interest in computing good strategies for large games. Most prior work involves computing an approximate equilibrium strategy in a smaller abstract game, then playing this strategy in the full game. In this paper, we present a modification of this approach that works by constructing a deterministic strategy in the full
Sam Ganzfried +2 more
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There has been significant recent interest in computing good strategies for large games. Most prior work involves computing an approximate equilibrium strategy in a smaller abstract game, then playing this strategy in the full game. In this paper, we present a modification of this approach that works by constructing a deterministic strategy in the full
Sam Ganzfried +2 more
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1999
In this contribution we propose a strategy which focuses on the game as well as on the opponent. Preference is given to the thoughts of the opponent, so that the strategy might be speculative. We describe a generalization of OM search, called (D, d)-OM search, where D stands for the depth of search by the player and d for the opponent's depth of search.
Xinbo Gao 0001 +3 more
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In this contribution we propose a strategy which focuses on the game as well as on the opponent. Preference is given to the thoughts of the opponent, so that the strategy might be speculative. We describe a generalization of OM search, called (D, d)-OM search, where D stands for the depth of search by the player and d for the opponent's depth of search.
Xinbo Gao 0001 +3 more
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Journal of Automated Reasoning, 2003
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Strategy, nonstrategy and no strategy
Journal of Strategy and Management, 2020PurposeTo unravel three strategy-related concepts, frequently confused as one, by introducing the new concept of nonstrategy and proposing a novel threefold classification of strategy, nonstrategy and no strategy.Design/methodology/approachBuilding on some key insightful definitions of strategy, the paper infers five essential attributes of strategy ...
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MARKOV STRATEGIES ARE BETTER THAN STATIONARY STRATEGIES
International Game Theory Review, 1999We examine the use of stationary and Markov strategies in zero-sum stochastic games with finite state and action spaces. It is natural to evaluate a strategy for the maximising player, player 1, by the highest reward guaranteed to him against any strategy of the opponent.
Flesch, János +2 more
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Journal of Information Technology, 1991
Organizations are transitioning to more flexible and adaptable forms. There is a strategic opportunity for IT that supports the facilitation of change, the building of closer relationships with customers, and the harnessing of human talent. Yet in many organizations there is a gulf of suspicion and misunderstanding between the chief executive and ...
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Organizations are transitioning to more flexible and adaptable forms. There is a strategic opportunity for IT that supports the facilitation of change, the building of closer relationships with customers, and the harnessing of human talent. Yet in many organizations there is a gulf of suspicion and misunderstanding between the chief executive and ...
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THE FORGIVING TRIGGER STRATEGY: AN ALTERNATIVE TO THE TRIGGER STRATEGY
International Game Theory Review, 2004The grim-trigger strategy introduced by Friedman is often used in economic models, mainly because of its simplicity, to show that collusion can be sustained by means of a subgame perfect equilibrium. In this work we show that, under simple conditions, it is possible to improve on the grim-trigger strategy while retaining subgame perfection and in some
Miguel Aramendía +2 more
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