Examlex
What are three explanations students might give for lack of achievement?
Repeated Games
A strategic situation where individuals or firms face the same opponents in a series of interactions, allowing for the development of strategies over time.
Simultaneous
Occurring, operating, or done at the same time.
Sequential
Describes processes, events, or things that follow one after the other in a specific order or sequence.
Credible Threats
Declarations or signals that a party intends to inflict harm or loss on another in the event of non-compliance, which are believable and likely to be carried out.
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