Examlex
The Lorenz curve shows the distribution of
Shoplifter
An individual who steals goods from a retail establishment.
Simultaneous Game
A game theory concept where players choose their strategies and make their moves at the same time, without knowledge of the others' choices.
Nash Equilibrium
A concept in game theory where no player can benefit by changing strategies while the other players keep theirs unchanged; it represents a state of mutual best responses.
Simultaneous Game
A strategic interaction where all participants make decisions or moves at the same time without knowledge of the others' choices.
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