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Choose two of the following historical hallmarks: the Great Depression, World War I, World War II, or the civil rights movement. Describe how each event impacted the field and study of I/O psychology.
Hawk-Dove Game
A model in game theory that explores the conflict between aggressive (hawk) and peaceful (dove) strategies.
Payoff
The return or reward received as a result of an action or decision, particularly in the context of games or economic models.
Proportion
A comparative relationship between parts of a whole, expressed as a ratio or fraction, indicating the relative size or significance of each part.
Equilibrium
A state in an economic model where supply equals demand, and all agents in the market are at a balance with no incentive to change their behavior.
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