Examlex
Describe the key differences between "separate but equal" in the United States and apartheid in South Africa.
Dominant Strategy
A dominant strategy is the best course of action for a player in a game, regardless of what the other players do, always resulting in a better outcome for the player.
Game Theory
The study of strategic interactions among rational decision-makers.
Prisoners' Dilemma
A scenario in game theory where two players, each pursuing their own best interests, fail to achieve the best result for both.
Nash Equilibrium
A concept in game theory where no player can benefit by changing their strategy while the other players' strategies remain unchanged.
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