Examlex
A simple experiment has two groups of subjects called the
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.
Ajinomoto
A popular brand name associated with monosodium glutamate (MSG), a flavor enhancer commonly used in cooking and food preparation.
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