"From a game-theoretic optimal point of view, a perfect strategy is a minimax one that cannot expect to lose to any other player's strategy; however, optimal strategy can vary in the presence of sub-optimal players who have weaknesses that can be exploited. In this case, a perfect strategy would be one that correctly or closely models those weaknesses and takes advantage of them to make a profit."

I looked up "minimax," and the definition was: A method in decision theory for minimizing the maximum possible loss.


I know this concept(s) has been stated before (I remember Fnord in particular), but I thought it was expressed particularly well here.



wikipedia is fun.