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How Does On-Line Dispute Resolution Work and What Are Its

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How does on-line dispute resolution work and what are its benefits?


Definitions:

Game Theory

A field of study that models and analyzes strategic interactions among rational decision-makers.

Game Theory

A study of strategic decision making, analyzing interactions with formalized incentive structures ("games").

Strategic Choices

Decisions made by individuals or organizations that have significant long-term implications on their objectives and activities.

Prisoners' Dilemma

A situation in game theory where two individuals acting in their own self-interest do not produce the optimal outcome for either party.

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