Examlex
What allows users to work from remote locations such as home or hotel using high-speed Internet to access business applications and data?
Barriers to Entry
Factors that make it difficult for new firms to enter a market, often leading to reduced competition.
Dominant Strategies
Strategies in game theory that are preferable regardless of the opponent's actions, leading to a stable solution.
Prisoners' Dilemma Situations
A scenario in game theory where individuals acting in their own self-interest produce a worse outcome for the group than if they had cooperated.
Cooperative Outcomes
Results of collaborative efforts among various parties that are mutually beneficial and aim towards shared goals or interests.
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