Examlex
What causes precession,and why does it move the celestial equator?
Constant Sum Game
A situation in game theory where the total benefit to all players in the game remains constant, regardless of the distribution of gains among players.
Negotiating
The process of discussing something with someone in order to reach an agreement.
Maximum Willingness-To-Pay
The highest amount an individual is willing to spend to acquire a good or service.
Dominant Strategy
A strategy in game theory that is best for a player, no matter what the strategies chosen by other players, leading to an optimal outcome for the player regardless of opponent decisions.
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