Examlex
In the Nash Equilibrium of a prisoner's dilemma game:
Effort
The amount of physical or mental energy expended towards achieving a goal or task.
Skill-Based Pay
A compensation system that rewards employees for the skills and knowledge they acquire and are able to apply in their jobs, rather than for their job title or position alone.
Blue-Collar Workers
Blue-collar workers are individuals engaged in manual labor or skilled trades, often involving physical work in industries such as manufacturing, construction, and maintenance.
U.S. Organizations
Organizations that are based or operate primarily within the United States, governed by U.S. laws and regulations.
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