Strategies and Incentives

question 39

Multiple Choice

Strategies and incentives:

• A)often work quite differently when games are repeated.
• B)work the same whether games are played once or repeated.
• C)do not change when the game is repeated.
• D)None of these statements is true.

---

Definitions:

Cognitive Processes

The mental activities involved in acquiring, processing, and storing knowledge, including perception, memory, and thinking.

Consumer Behavior

The study of how individuals or groups select, buy, use, and dispose goods, services, ideas, or experiences to satisfy their needs and wants.

Dynamic

Characterized by constant change, activity, or progress.

External Stimuli

Any information or event from the external environment that can elicit a sensory, emotional, or intellectual response.