Phenotypes:
Envious (30%) -- defeat opponent
Pessimist (20%) -- maximize min payoff
Optimist (20%) -- maximize max payoff
Trustful (20%) -- cooperate
Undefined (10%) -- everyone else, lump of players with no strategy to define them as a group
Envious (30%) -- defeat opponent
Pessimist (20%) -- maximize min payoff
Optimist (20%) -- maximize max payoff
Trustful (20%) -- cooperate
Undefined (10%) -- everyone else, lump of players with no strategy to define them as a group
I never thought about it as maximizing max payoff vs maximizing min payoff but it makes a lot of sense. I also observe this behavior in other areas of our lives.
Which makes sense the higher the risk the higher the reward; when he wins its by quite a bit and when he "loses" its either a couple of points behind me or ahead of me