Examlex
The main memory of a computer is sometimes called random access memory.
Stackelberg Model
Oligopoly model in which one firm sets its output before other firms do.
Dominant Strategy
In game theory, a strategy that is the best choice for a player, regardless of what the other players choose.
Reaction Function
In game theory, a strategy that outlines how one player will react to the choices of other players, aiming to maximize their own payoff.
Cournot Equilibrium
A situation in an oligopoly market where each firm chooses its optimal output level assuming the output levels of its competitors are fixed.
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