An Organized Set of Principles Used to Explain Observed Phenomena

question 97

Multiple Choice

An organized set of principles used to explain observed phenomena is called a(n)

• A) personal bias.
• B) theory.
• C) hypothesis.
• D) educated guess.

Recognize conditions that make a game cooperative and the effects of such conditions.

Distinguish between cooperative and constant sum games.

Identify and analyze Nash equilibrium in game theory scenarios.

Understand the significance of dominant strategies in determining game outcomes.