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Prisoners' Dilemma
A scenario in game theory where individuals acting in their own self-interest produce a worse outcome than if they had cooperated, illustrating challenges in achieving the best collective outcome.
Dominant Strategy
A strategy that is best for a player in a game, regardless of the strategies chosen by other players.
Dominant Strategy
In game theory, a strategy that is best for a player, regardless of the strategies chosen by other players.
Advertise
The act of promoting products, services, or brands through various media outlets to inform, persuade, or remind consumers.
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