Examlex
How is the spotlight effect related to the illusion of transparency?
Repeated Games
A situation in strategic interactions where players engage in the same game multiple times, allowing for strategy adjustments based on previous outcomes.
Nash Equilibrium
A solution concept in game theory where no player can benefit by changing strategies while the other players keep theirs unchanged.
Incentive
A motivation or reward intended to encourage certain actions or behaviors.
Outcome
The result or consequence of a particular action, decision, or event in a given scenario.
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