In the Case in Which Parties Interact with One Another

question 41

True/False

In the case in which parties interact with one another for an infinite or indefinite amount of time,the logic of backward induction breaks down.

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Definitions:

Negative Reinforcement

A behavior reinforcement strategy where the removal of an undesirable or aversive stimulus strengthens or increases the likelihood of a behavior.

Positive Reinforcement

The process of increasing the probability of a behavior by following it with a desirable event or outcome.

Likelihood

The probability or chance of an event occurring.

Punishment

A consequence that decreases the likelihood that a behavior will occur.