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Tit-For-Tat
A strategy in game theory where a participant mimics the actions of their opponent, typically in retaliation or as a form of reciprocal behavior.
Cooperatively
This term describes actions or operations done jointly by a group or parties working together towards a common goal or benefit.
Imperfect Competition
A market structure in which no firm is a monopolist, but producers nonetheless have market power they can use to affect market prices.
Oligopoly
A market structure characterized by a small number of firms controlling a large majority of the market share.
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