Cassidy, R. G.; Field, C. A.; Kirby, M. J. L. - In: Management Science 19 (1972) 3, pp. 266-271
In this paper, we consider a "satisficing" criterion to solve two-person zero-sum games with random payoffs. In particular, a player wants to maximize the payoff level he can achieve with a specified confidence. The problem reduces to solving a nonconvex mathematical programming problem. The...