Examlex
MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Another name for a procedure
Simultaneous Move Game
A game theory model where all players make their decisions or moves at the same time, without knowledge of the others' choices.
Prisoner's Dilemma
A situation in game theory where two individuals acting in their own self-interest do not produce the optimal outcome.
Lockout
A situation where an employer prevents employees from entering the workplace, typically during a labor dispute.
Simultaneous Move Game
A strategic scenario in game theory where all players make their decisions at the same time, without knowing the choices of others.
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