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While preparing to teach a course at an organization, the trainer sees that part of the contract is the ability for students to contact the trainer with questions after the conclusion of the training. Which of the following is the BEST support information to provide to the students?
Payoff Matrix
A table that shows the potential outcomes or payoffs resulting from different strategies employed by players in a game.
Nash Equilibrium
A concept in game theory where no player has anything to gain by changing only their own strategy, assuming other players' strategies remain unchanged.
Pure Strategies
In game theory, strategies that involve making a specific choice or action with certainty.
Time-Discounted Value
The present value of a future amount of money or stream of income, adjusted for time preference and inflation.
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