Explain How Social Referencing and Play Contribute to Cognitive Development

question 18

Essay

Explain how social referencing and play contribute to cognitive development.

Recognize the existence and characteristics of negative-sum games and the incentives for players.

Identify the conditions under which Nash equilibrium occurs in game theory.

Understand how repeated and sequential games differ and their implications for game strategies.

Analyze the role of credible threats in achieving a Nash equilibrium in repeated games.

---

Definitions:

Feigned Scarcity

A tactic wherein a sense of scarcity is artificially created to increase demand or perceived value.

Lowball Technique

A persuasion strategy where an initially favorable offer is made, then its terms are made less favorable.

Evolutionary Psychologists

Scientists who study the psychological adaptations of humans to the changing physical and social environment, particularly from an evolutionary perspective.

Ingroup

A group of people with whom an individual mentally associates themselves as belonging.