Eliott's GameNone

Eliott's GameNone is a concept in game theory, emphasizing the idea that in some strategic situations, a player might choose to abstain from engaging in the game altogether rather than participating under unfavorable conditions. This approach recognizes that sometimes the best decision is to avoid risking negative outcomes when the potential benefits do not outweigh the costs. It highlights the importance of strategic choice and option valuation, demonstrating that in complex scenarios, non-participation can be a rational and optimal decision for managing risk and maximizing overall expected utility.