Examlex
Studies with animals in the laboratory have shown that aggressive behavior is often a consequence of punishment procedures.
Sequential Game
A strategic game in which players make decisions one after another, allowing for the observation of preceding choices.
Monopolized
A condition where a single seller controls the whole supply of a product or service, often resulting in limited choices for consumers and potential for higher prices.
Nash Equilibrium
A concept within game theory where no participant can gain by changing strategies if the other participants keep theirs unchanged.
Sequential Game
A game in game theory where players make decisions one after another, with each decision informed by the previous players' decisions.
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