A Representation of How Each Combination of Choices Affects the Profits

question 32

Multiple Choice

A representation of how each combination of choices affects the profits of each player is known as a:

• A)strategic interaction matrix.
• B)Nash equilibrium.
• C)payoff matrix.
• D)dominant strategy equilibrium.

---

Definitions:

Apparent Gaps

The visible or noticeable differences between current results and desired outcomes in a workflow or system.

Elicit Information

The process of getting information from someone or something often through direct questioning or research.

Interviewer

A person who asks questions of a candidate or participant, typically in the context of job selection, research, or media.

Applicant

An individual who applies for a job, program, or opportunity.