Examlex
Explain in-memory databases
Nash Equilibrium
A concept in game theory where no player can benefit by changing strategies if other players keep theirs unchanged.
Sequential Game
A strategic game where players make decisions one after another, with later players having knowledge of the previous actions.
Equilibrium
A situation where market demand equals supply, causing price levels to remain unchanged.
Mixed Strategies
A strategy in game theory where a player chooses probabilistically between different actions to prevent predictability.
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