Examlex
Individuals who both recognize and seize opportunities are referred to as
Dominant Strategy
In game theory, a strategy that is best for a player regardless of the strategies chosen by the other players.
Payoff
The return or profit from an investment or action.
Alternative Option
A different choice or course of action that is available to individuals or organizations.
Zero-Sum Game
In game theory, a scenario where the gain or loss of one player is precisely offset by the losses or gains of the other players.
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