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Glossary > R > "Randomized strategy" Definition

Randomized strategy

A strategy of introducing into the decision-making process a random element that is designed to reduce the information content of the decision-makers observed choices.

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Randomized strategy - A strategy of introducing into the decision-making process a random element that is designed to reduce the information content of the decision-makers observed choices.

Randomized strategy : a strategy of introducing into the decision-making process a random element that is designed to reduce the information content of the decision-makers observed choices.