Examlex
________ refers to the principles you use to guide decision making,leading you to do the right thing.
Dominant Strategy
In game theory, a strategy that is optimal for a player, regardless of the strategies chosen by other players in the game.
Nash Equilibrium
A concept in game theory where no player can benefit by changing strategies if other players keep their strategies unchanged.
Payoff Matrix
A table that shows the potential outcomes of different decisions in a strategic situation, used in game theory to analyze choices and consequences.
Zero-Sum Game
A situation in game theory where one participant's gain or loss is exactly balanced by the losses or gains of the other participants.
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