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Alec and Kim Used to Be Much Better Friends Than

question 8

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Alec and Kim used to be much better friends than they are now. The problem is what to do about Christmas gifts? If they wait until Christmas morning and move simultaneously, their payoff matrix is
Kim
Alec and Kim used to be much better friends than they are now. The problem is what to do about Christmas gifts? If they wait until Christmas morning and move simultaneously, their payoff matrix is Kim    If Kim is worried that Alec is going to announce publicly what he is going to do at Thanksgiving, Kim would definitely be made better off by announcing her action publicly at Halloween. If Kim is worried that Alec is going to announce publicly what he is going to do at Thanksgiving, Kim would definitely be made better off by announcing her action publicly at Halloween.


Definitions:

Understanding

The ability to grasp the meaning, significance, or nature of something.

Reward

A benefit, recognition, or compensation given for the completion of a task or achievement.

Behavior

Describes the actions or reactions of an entity (typically a person or an animal) in response to external or internal stimuli.

Principle Of Scarcity

A tactic used in negotiation and persuasion suggesting that a product, resource, or opportunity is limited in availability, thereby increasing its desirability.

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