Examlex
The simple pleasure of being surrounded by people with similar interests and perspectives and who share professional or personal concerns is an example of a(n) __________ benefit.
Battle of the Sexes
A game theory model illustrating coordination problems through the preferences of two individuals trying to agree on a common decision with conflicting interests.
Maximin Strategies
Decision-making strategies aimed at maximizing the minimum payoff attainable, commonly used in games and economic scenarios where uncertainty is a significant factor.
Repetition of a Game
In game theory, it refers to playing the same strategic game multiple times, which can impact the strategies and outcomes over time.
Axelrod's Experiments
A series of computer tournaments designed by Robert Axelrod to examine strategies in the iterated prisoner's dilemma.
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