An Equilibrium in a Game in Which Players Pursue Their

question 78

Multiple Choice

An equilibrium in a game in which players pursue their own self-interests and do not cooperate is called a

• A)cartel equilibrium.
• B)noncooperative equilibrium.
• C)prisoner's dilemma equilibrium.
• D)dominant strategy equilibrium.

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Definitions:

Instinctive Drift

The tendency of an animal to revert to instinctive behaviors that interfere with a conditioned response.

Innate Response

A built-in reaction to stimuli that an organism is genetically programmed to exhibit, also known as an instinct.

Conditioning Process

The method by which organisms learn to associate different stimuli and behaviors through reinforcement or punishment.

Instinctive Drift

The tendency for animals to revert to instinctual behaviors even after learning new behaviors that contradict those instincts.