Examlex
In a merger the:
Equilibrium
A condition or state in which economic forces are balanced, resulting in a stable system where there is no incentive for change.
Maximin Strategies
Decision-making strategies that aim to maximize the minimum gain that can be achieved, often used in situations of uncertainty or competitive scenarios.
Equilibrium Outcome
A state in a game where all players have chosen their strategies and no participant can gain by unilaterally changing their own strategy.
Prisoners' Dilemma
A scenario in game theory where individuals acting in their own self-interest pursue a course of action that does not result in the ideal outcome for any participant.
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