-According to this map of foreclosures and home sales in Houston, a greater number of homes were foreclosures in northern and southern areas of Houston than in eastern and western areas of Houston.
Definitions:
Decision Nodes
Points in a decision process at which choices among alternative actions must be made.
Terminal Nodes
Terminal nodes are the final points in a decision tree where a decision is made or an outcome is reached.
Subgame Perfect Nash Equilibrium
A refinement of Nash Equilibrium used in dynamic games, ensuring that strategies form a Nash equilibrium in every subgame.
Repeated Game
A strategic situation where the same game (set of players, strategies, and payoffs) is played more than once, allowing for strategy adjustments based on the outcome of previous rounds.
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