Examlex
The IMF's primary role is to identify exchange rate regimes.
State Environmental Protection Agency
A governmental organization at the state level tasked with implementing environmental protection laws, regulations, and standards.
Game Theory
The study of mathematical models of strategic interaction among rational decision-makers.
Tit-for-Tat
A strategy in repeated games where a player replicates the opponent's previous action, often used in the context of cooperative behaviors or retaliatory tactics.
Prisoners' Dilemma Game
A standard example of a game analyzed in game theory that shows why two individuals might not cooperate, even if it appears that it is in their best interest to do so.
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