Examlex
If you were going to set up a clinical trial of a new chemotherapy drug that would be used in addition to traditional treatment for prostate cancer,who would you use as the control group for your experiment?
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.
Pure Strategy Equilibria
A game theory concept where each player chooses a single strategy that results in no player having an incentive to unilaterally change their choice.
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