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How are the sympathetic and parasympathetic nervous systems similar?
Inefficient Outcomes
Situations in which resources are not allocated optimally, leading to lost potential welfare or value.
First-Mover Advantage
The competitive advantage gained by the first significant company to move into a new market.
Sequential-Move Game
A strategic game where players make their decisions one after another, with later players having knowledge of previous actions.
Tit For Tat Strategy
A strategy in game theory where a player in a game or competition responds to an opponent's action with equivalent action.
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