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The director of a major hospital complex conducts a study to discover the types of critical incidents that have occurred in this hospital and its sister hospital over the past 5 years. The director makes a list of every critical incident that has occurred over this period. Choose the true statements about this list.
Sequential Game
A game in game theory where players make decisions or moves one after another, with later players having some knowledge of previous actions.
Nash Equilibrium
Nash Equilibrium is a concept in game theory where no player can benefit by changing strategies if other players keep their strategies unchanged.
Payoff Matrix
A table that shows the potential outcomes or payoffs from different decisions made by two or more players in a strategic setting.
Nash Equilibrium
A concept in game theory where each participant's strategy is optimal, given the strategies of all other participants, leading to a situation where no participant can benefit by changing strategies unilaterally.
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