Indeed, the amount of the payoff is likewise irrelevant. Minimax is used in zero-sum games to denote minimizing the opponent's maximum payoff. The amount of this payoff was read by nonverbal transmission prior to reinforcement. Negotiate with Junior Lien holders for a reduced payoff. A risk-neutral person's utility is proportional to the expected value of the payoff. In other words, it is the point which maximizes the minimum payoff among players. The discounted value of the payoff is $19.60. The "payoff" of each strategy is the travel time of each route. The larger the expected payoff, the larger the associated risk, and vice versa. Thus foraging theory is discussed in terms of optimizing a payoff from a foraging decision. The extorted player could defect but would thereby hurt himself by getting a lower payoff. The exact value of the Dove vs. Dove payoff varies between model formulations. But 'TMSPC' is more groundwork than payoff. Let U(z) be their resulting payoff. There is an easy numerical way to identify Nash equilibria on a payoff matrix.