Examlex
By discontinuing the practice of confining sows in gestation crates during pregnancy, even though doing so was not legally required, pork producer Smithfield Foods assumed the ________ of business.
Strategy
Rule or plan of action for playing a game.
Dominant Strategy
A strategy that yields the best outcome for a player, regardless of what strategies other players select.
Constant-Sum Game
A situation in game theory in which the total gains and losses among participants are always balanced, implying that one player's gain is another's loss.
Simultaneous-Move
Refers to games or decision scenarios where all players make their moves at the same time, without knowledge of the others' choices.
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