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If a Certain Type of Transaction Occurs with Great Frequency

question 100

Short Answer

If a certain type of transaction occurs with great frequency it is more efficient to create a ______________ to record that type of transaction.


Definitions:

Pure Strategy Equilibria

A scenario in game theory where players choose a single strategy with certainty, leading to an outcome where no player benefits from changing strategies, assuming others do not change.

Swerve

A rapid change in movement direction; in strategic contexts, an unexpected deviation from a primary course of action.

Drive Straight

An imperative or instruction to proceed forward without turning, often used in the context of directions or driving advice.

Mixed Strategy Equilibrium

A situation in game theory where all players choose their strategies randomly according to specific probability distributions, and no player can improve their payoff by changing strategies.

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