Examlex
Suppose A and B are mutually exclusive events where P(A)= 0.4 and P(B)= 0.5.Then P (A and B)= .
Persons
Refers to human individuals or beings.
Tit-For-Tat
A strategy in game theory where a player replicates an opponent's actions, commonly used in the context of cooperative and retaliatory behaviors.
Prisoner's Dilemma
A fundamental problem in game theory showing that two individuals acting in their own self-interest do not produce the optimal outcome.
Game Theory
A branch of mathematics and economics that studies the strategic interaction among rational decision-makers, using models to predict outcomes in competitive situations.
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