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Briefly Explain Max Weber's Conceptualization of Charisma

question 126

Essay

Briefly explain Max Weber's conceptualization of charisma.


Definitions:

Nash Equilibrium

A concept in game theory where no player can gain by unilaterally changing their strategy if the strategies of others remain unchanged.

Pure Strategy

In game theory, a strategy where a player consistently chooses a specific action.

Mixed Strategy Equilibrium

in game theory, is a situation where players in a game choose a mixture of strategies probabilistically.

Probabilities

A measurement of the likelihood or chance of a specific outcome or event occurring.

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