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Presence of blended technique equilibria

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In 1938, the Danish numerical financial analyst Frederik Zeuthen demonstrated that the numerical model had a triumphant system by utilizing Brouwer's decent point theorem. [5] In his 1938 book Applications aux Jeux de Hasard and prior notes, Emile Borel demonstrated a minimax hypothesis for two-man lose-lose lattice games just when the result network is symmetric and given an answer for a non-insignificant endless game (referred to in English as Blotto game). Borel guessed the non- presence of blended technique equilibria in limited two-man lose-lose situations, a guess that was discredited by von Neumann.

Reference no: EM133178387

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