Examlex
What is one reason for the increased number of prisoners in the U.S. since the 1970s?
Dominant Strategies
Strategies in game theory that are preferable regardless of the opponent's actions, leading to a stable solution.
Prisoners' Dilemma Situations
A scenario in game theory where individuals acting in their own self-interest produce a worse outcome for the group than if they had cooperated.
Cooperative Outcomes
Results of collaborative efforts among various parties that are mutually beneficial and aim towards shared goals or interests.
Payoff Matrix
A table that displays the potential outcomes or rewards for different actions taken by players in a strategic game.
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