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Sam and Sarah are thinking about getting married.However if either of them cheats on the other,they would get a payoff of 10,while the other person gets zero.If neither cheat,they stay with each other and get a payoff of 7 each and if both cheat,the relationship falls apart and each get a payoff of 1.
-What is the Nash equilibrium of this game?
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Organization
A structured group of individuals working together towards a common goal or set of goals, typically involving defined roles, responsibilities, and processes.
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The process of forming a concept or notion of something.
Concretization
The process of making abstract ideas or concepts more tangible and concrete, often through visual representation or practical examples.
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