payoff table

简明释义

报酬表

英英释义

A payoff table is a matrix used in decision analysis that displays the potential outcomes of different decisions or strategies, showing the associated payoffs for each combination of choices and states of nature.

收益表是决策分析中使用的矩阵,它显示了不同决策或策略的潜在结果,展示了每种选择与自然状态组合的相关收益。

例句

1.The payoff table helped the team decide on the best course of action for the upcoming product launch.

这个收益表帮助团队决定即将推出的产品的最佳行动方案。

2.In decision analysis, a payoff table is used to summarize the potential outcomes of different choices.

在决策分析中,收益表用于总结不同选择的潜在结果。

3.Using a payoff table, we can clearly see which investment options yield the highest returns.

通过使用收益表,我们可以清楚地看到哪些投资选项产生最高回报。

4.The marketing team created a payoff table to evaluate the effectiveness of their advertising strategies.

市场团队创建了一个收益表来评估他们广告策略的有效性。

5.During the meeting, the finance department presented a payoff table to illustrate the risks involved in each project.

在会议上,财务部门展示了一个收益表,以说明每个项目所涉及的风险。

作文

In decision-making processes, especially in fields like economics, finance, and game theory, tools that help visualize potential outcomes are invaluable. One such tool is the payoff table, which serves as a systematic way to display the potential payoffs associated with different strategies or decisions. Understanding how to construct and interpret a payoff table can significantly enhance one's analytical skills and improve decision-making abilities.A payoff table is essentially a matrix that outlines the possible outcomes of various choices under different scenarios. Each row represents a specific strategy or action, while each column corresponds to a possible state of nature or competitor's action. The cells within the table contain the corresponding payoffs, which could be profits, costs, or any other measurable outcome relevant to the decision at hand.To illustrate the utility of a payoff table, consider a simple example involving two competing businesses deciding on their pricing strategies. Company A can choose to set a high price or a low price for its product, while Company B has the same options. The payoff table would show the profits for both companies based on the combination of their pricing strategies. For instance, if both companies set high prices, they might enjoy significant profits, but if one sets a low price while the other keeps it high, the low-priced company could capture a larger market share, resulting in higher overall profits.The construction of a payoff table begins with identifying the strategies available to the decision-makers involved. Once these strategies are established, the next step is to determine the possible outcomes for each combination of strategies. This process often involves gathering data, making forecasts, and sometimes even estimating probabilities. After compiling this information, the payoff values can be entered into the table, providing a clear visual representation of the potential consequences of each decision.Interpreting a payoff table requires critical thinking and an understanding of the underlying dynamics of the situation. Decision-makers must evaluate which strategies yield the best outcomes under various circumstances. They may also use concepts from game theory, such as dominant strategies or Nash equilibria, to identify optimal choices. A dominant strategy is one that results in the highest payoff regardless of what the other player does, while a Nash equilibrium occurs when players choose strategies that are optimal given the strategies chosen by others.The benefits of using a payoff table extend beyond simple decision-making scenarios. It can also facilitate discussions among stakeholders, allowing for a more structured analysis of risks and rewards. By presenting information in a clear format, a payoff table helps teams align their strategies and expectations, ultimately leading to more informed and collaborative decision-making.In conclusion, the payoff table is a powerful tool for visualizing the potential outcomes of various strategies in decision-making contexts. Its systematic approach enables individuals and organizations to analyze their choices critically, assess risks, and optimize their strategies based on expected payoffs. Whether in business, economics, or even everyday life, mastering the use of a payoff table can lead to better decisions and improved outcomes.

在决策过程中,尤其是在经济学、金融学和博弈论等领域,帮助可视化潜在结果的工具是无价的。其中一个工具就是payoff table,它作为一种系统化的方法来展示与不同策略或决策相关的潜在收益。理解如何构建和解释payoff table可以显著提升个人的分析能力并改善决策能力。payoff table本质上是一个矩阵,概述了各种选择在不同情境下的可能结果。每一行代表一个特定的策略或行动,而每一列对应于一个可能的自然状态或竞争者的行动。表格中的单元格包含相应的收益,这些收益可以是利润、成本或与手头决策相关的任何其他可测量结果。为了说明payoff table的实用性,考虑一个简单的例子,涉及两家竞争企业决定其定价策略。公司A可以选择为其产品设定高价或低价,而公司B也有同样的选择。payoff table将显示两家公司基于其定价策略组合的利润。例如,如果两家公司都设定高价,它们可能会享有可观的利润,但如果一家设定低价而另一家保持高价,低价公司可能会占据更大的市场份额,从而获得更高的整体利润。构建payoff table的第一步是识别相关决策者的可用策略。一旦这些策略确定,下一步是确定每种策略组合的可能结果。这个过程通常涉及数据收集、预测,有时甚至估算概率。在汇总这些信息后,可以将收益值输入表格中,提供清晰的视觉表示,展示每个决策的潜在后果。解释payoff table需要批判性思维和对情况基本动态的理解。决策者必须评估在各种情况下哪些策略能够产生最佳结果。他们还可以使用博弈论中的概念,如主导策略或纳什均衡,以识别最佳选择。主导策略是在不管其他参与者做什么的情况下都能获得最高收益的策略,而纳什均衡则发生在玩家选择的策略在其他人所选策略的基础上是最优的。使用payoff table的好处不仅限于简单的决策场景。它还可以促进利益相关者之间的讨论,使风险和收益的分析更加结构化。通过以清晰的格式呈现信息,payoff table帮助团队对其策略和期望达成一致,从而最终导致更明智和更具协作性的决策。总之,payoff table是一个强大的工具,用于可视化决策背景下各种策略的潜在结果。其系统化的方法使个人和组织能够批判性地分析选择、评估风险,并根据预期收益优化策略。无论是在商业、经济学还是日常生活中,掌握payoff table的使用都能带来更好的决策和改善的结果。

相关单词

payoff

payoff详解:怎么读、什么意思、用法