Win–stay, lose–switch
ID: win-stay-lose-switch
Win–stay, lose–switch is a behavioral strategy often discussed in the context of decision-making and game theory. It describes a simple rule that individuals or agents can follow when faced with choices or actions that can lead to reward or failure. ### How it Works: 1. **Win (Success)**: If the current action leads to a positive outcome or reward, the individual stays with that action in the next round or iteration.
New to topics? Read the docs here!