Examlex
Why has there recently been renewed interest in corporate governance? How can it be improved?
Tit-For-Tat Strategy
A game theory strategy that involves mirroring your opponent’s previous action, often used to foster cooperation or retaliate in competitive settings.
Dominant Strategy
A strategy that yields the best outcome for a player, regardless of what the opponents choose.
Bottled Water
Packaged drinking water sold in plastic or glass bottles, and possibly treated or mineral-enriched for commercial sale.
Nash Equilibrium
A concept in game theory where no player can benefit by unilaterally changing their strategy if the strategies of the other players remain unchanged.
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