Talk:Payoff
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The word "payoff" by itself seems to be used very similarly, if not identically, when speaking in the context of both of the first two bullets
- A Payoff dominant equilibrium in game theory
- Payoff matrix or Payoff function in a Normal form game in game theory
It might be useful, instead of having these two bullets that link to two very specific pages that are both categorized under the same overall topic, to instead simplify this page by creating one bullet that links to a separate, more generalized payoff (game theory) page that itself will link to the aforementioned in-depth topics, and which simply summarizes the concept and usage/context of the word 'payoff' itself.129.171.233.75 (talk) 12:20, 18 March 2008 (UTC)
For example, the following link states the following: http://www.gametheory.net/dictionary/Payoff.html
"In any game, payoffs are numbers which represent the motivations of players. Payoffs may represent profit, quantity, "utility," or other continuous measures (cardinal payoffs), or may simply rank the desirability of outcomes (ordinal payoffs). In all cases, the payoffs must reflect the motivations of the particular player."
Having a page that defines a payoff in this context would be very useful. Currently, there is a knowledge gap when someone reads one of the pages on game theory and doesn't understand the usage of the word in the context of the theory.129.171.233.75 (talk) 12:24, 18 March 2008 (UTC)
