In Game Theory,the Strategy That Results in the Highest Payoff

question 93

Multiple Choice

In game theory,the strategy that results in the highest payoff to a player regardless of what the other player decides to do is called the:

• A)Stackleberg equilibrium.
• B)equilibrium strategy.
• C)min-max strategy.
• D)dominant strategy.

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Definitions:

Information-Processing Theory

A framework in cognitive psychology that compares human thought processes to a computer's operation, focusing on how information is received, processed, stored, and retrieved.

Cognitive Development

The construction of thought processes, including remembering, problem-solving, and decision-making, from childhood through adolescence to adulthood.

Behavioral Theory

A theory that focuses on understanding and modifying human actions through observing and manipulating observable behaviors.

Adaptive Theory

A theoretical framework suggesting that behaviors or physical characteristics are shaped by environmental factors over time to enhance survival and reproduction.