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The Earliest Theoretical Philosophers in Human History Were the

question 74

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The earliest theoretical philosophers in human history were the


Definitions:

Dominant Strategy

In game theory, a strategy that is best for a player regardless of the strategies chosen by other players in the game.

Nash Equilibria

A concept in game theory where no player can gain by unilaterally changing their strategy, indicating a balance where each player's strategy is optimal given the other players' strategies.

Maximin Strategy

A strategy in decision-making which aims to maximize the minimum gain that can be earned, focusing on the worst-case scenario.

Collusion

A secretive or illegal agreement between parties to limit competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law.

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