The Min-Max Theorem is a fundamental result in game theory that applies primarily to zero-sum games. It provides a strategy for players in competitive situations where one player's gain is exactly equal to the other's loss. The essence of the Min-Max Theorem can be summarized as follows: 1. **Zero-Sum Games**: In a zero-sum game, the total payoff to all players sums to zero. If one player wins, the other must lose an equivalent amount.
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