"centipede game" meaning in English

{
  "forms": [
    {
      "form": "centipede games",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "centipede game (plural centipede games)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Game theory",
          "orig": "en:Game theory",
          "parents": [
            "Mathematics",
            "Formal sciences",
            "Sciences",
            "All topics",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "glosses": [
        "An extensive form game in which two players take turns choosing either to take a slightly larger share of an increasing pot, or to pass the pot to the other player. The payoffs are arranged so that if one passes the pot to one's opponent and the opponent takes the pot on the next round, one receives slightly less than if one had taken the pot on this round, but after an additional switch the potential payoff will be higher. Therefore, although at each round a player has an incentive to take the pot, it would be better for them to wait."
      ],
      "id": "en-centipede_game-en-noun-ltkc~cJl",
      "links": [
        [
          "game theory",
          "game theory"
        ],
        [
          "extensive form game",
          "extensive form game"
        ],
        [
          "share",
          "share"
        ],
        [
          "pot",
          "pot"
        ],
        [
          "payoff",
          "payoff"
        ]
      ],
      "raw_glosses": [
        "(game theory) An extensive form game in which two players take turns choosing either to take a slightly larger share of an increasing pot, or to pass the pot to the other player. The payoffs are arranged so that if one passes the pot to one's opponent and the opponent takes the pot on the next round, one receives slightly less than if one had taken the pot on this round, but after an additional switch the potential payoff will be higher. Therefore, although at each round a player has an incentive to take the pot, it would be better for them to wait."
      ],
      "topics": [
        "computing",
        "engineering",
        "game-theory",
        "mathematics",
        "natural-sciences",
        "physical-sciences",
        "sciences"
      ]
    }
  ],
  "word": "centipede game"
}

{
  "forms": [
    {
      "form": "centipede games",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "centipede game (plural centipede games)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "en:Game theory"
      ],
      "glosses": [
        "An extensive form game in which two players take turns choosing either to take a slightly larger share of an increasing pot, or to pass the pot to the other player. The payoffs are arranged so that if one passes the pot to one's opponent and the opponent takes the pot on the next round, one receives slightly less than if one had taken the pot on this round, but after an additional switch the potential payoff will be higher. Therefore, although at each round a player has an incentive to take the pot, it would be better for them to wait."
      ],
      "links": [
        [
          "game theory",
          "game theory"
        ],
        [
          "extensive form game",
          "extensive form game"
        ],
        [
          "share",
          "share"
        ],
        [
          "pot",
          "pot"
        ],
        [
          "payoff",
          "payoff"
        ]
      ],
      "raw_glosses": [
        "(game theory) An extensive form game in which two players take turns choosing either to take a slightly larger share of an increasing pot, or to pass the pot to the other player. The payoffs are arranged so that if one passes the pot to one's opponent and the opponent takes the pot on the next round, one receives slightly less than if one had taken the pot on this round, but after an additional switch the potential payoff will be higher. Therefore, although at each round a player has an incentive to take the pot, it would be better for them to wait."
      ],
      "topics": [
        "computing",
        "engineering",
        "game-theory",
        "mathematics",
        "natural-sciences",
        "physical-sciences",
        "sciences"
      ]
    }
  ],
  "word": "centipede game"
}