Examlex
An experiment by Sherif (1935) demonstrated that the autokinetic effect occurs when ________.
Prisoners' Dilemma
A scenario in game theory where two players, each pursuing their own best interests, fail to achieve the best result for both.
Nash Equilibrium
A concept in game theory where no player can benefit by changing their strategy while the other players' strategies remain unchanged.
Prisoners' Dilemma
A situation in game theory where two individuals acting in their own self-interest pursue a course of action that does not result in the ideal outcome for either party.
Payoff Matrix
A table that shows the potential outcomes or payoffs in a strategic interaction, such as a game, based on the actions of each participant.
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