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Game Theory
A branch of mathematics that studies strategic interactions among rational decision-makers, used to analyze situations in which the outcome depends on the actions of multiple agents.
Payoff Matrix
A table that shows the potential outcomes or payoffs from different decisions or strategies in a strategic or game-theoretic context.
Nash Equilibrium
An idea in game theory that suggests a player cannot gain an advantage by altering their strategy if all other participants maintain theirs.
Corn Output
Corn Output refers to the total production volume of corn within a specific area or by a particular entity during a given period.
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