Examlex
Cloning is a procedure by which exact genetic duplicates are made. Using cloning techniques, you have produced 10 cloned cows. However, the fur color of each of the calves looks very different from one another. Explain why this might have occurred.
Payoff
The return or reward received from an investment or action.
Nash Equilibrium
A concept in game theory where each player's strategy is optimal given the strategies of all other players, leading to a situation where no player can benefit by changing strategies unilaterally.
Dominant Strategy
A strategy in game theory that yields the best outcome for a player, regardless of what strategies other players choose.
Nash Equilibrium
A concept in game theory where each player's strategy is optimal, given the strategies of other players, and no player has an incentive to deviate unilaterally.
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