Examlex
A system of linear equations is __________ if it has no solutions.
Repeated Game
A strategic situation where the same game is played several times, allowing for strategy development based on previous outcomes.
Cooperation
The process of groups or individuals working together towards a common goal or interest.
Game Theory
A field of applied mathematics used to model and analyze strategic interactions among rational decision-makers.
Rationality
The quality of being based on or in accordance with reason or logic, often used in economics as a principle that individuals aim to maximize utility.
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