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In the above decision tree,Matthew picks first and Dean picks second.Matthew and Dean both know the payoffs to each choice for both themselves and each other.In this game,Matthew is the remote owner of an office that is managed by Dean,and Dean promises to always choose the upper branch at Y or Z in order to maximize Matthew's payoff.
-Refer to the above decision tree.Suppose that the society in which Matthew and Dean live is one in which all citizens have been strongly conditioned to behave honestly,such that Dean would be willing to pay 600,000 to avoid the feelings of guilt that would accompany dishonest behaviour.The outcome of this game is ________ for Matthew and ________ for Dean,because ________.
Nonprofit Organization
An entity that operates for charitable, educational, cultural, scientific, or social benefit rather than profit, reinvesting any surplus revenue in the mission of the organization.
Life Cycle
The series of stages that an organism goes through from birth to death, including growth, reproduction, and senescence.
Substantial Part Test
A legal guideline used to determine if a nonprofit organization's lobbying activities are a significant enough part of its operations to affect its tax-exempt status.
Nonprofit Organization
An entity that operates for a charitable, educational, or societal benefit rather than for profit.
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