Examlex
How many different tripeptides composed of three different amino acids can be formed if glycine,alanine,and valine are mixed together and peptide bonds are allowed to form in all possible combinations?
Prisoners Dilemma
A paradox in decision analysis in which two individuals acting in their own self-interest pursue a course of action that does not result in the ideal outcome for either party.
Rational Choices
Decision-making based on logical evaluation of outcomes and choosing the option that maximizes benefit or utility.
Inefficient Outcomes
Situations in which resources are not allocated optimally, leading to lost potential welfare or value.
First-Mover Advantage
The competitive advantage gained by the first significant company to move into a new market.
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