A Payoff Matrix

question 54

Multiple Choice

A payoff matrix

• A) shows only the players of the game.
• B) shows only the possible strategies of the game.
• C) summarizes most of the elements of a game.
• D) shows only the payoffs to each of the strategies.
• E) completely summarizes the three elements of a game.

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Definitions:

Procedural

refers to a method or process in the execution of actions or operation of systems, often opposed to declarative knowledge which is about facts or things known.

Self-efficacy

An individual’s belief in their capacity to execute behaviors necessary to produce specific performance attainments, shaping how they think, feel, and act.

Declarative

Pertaining to the ability to consciously recall facts and knowledge, part of explicit memory.

Procedural

Relating to the process by which something is done, encompassing the steps or methods involved.