Examlex
When a bond becomes more attractive as an asset because of a rise in the interest rate:
Nash Equilibrium
A concept in game theory where each participant's strategy is optimal, given the strategies of all other participants, leading to a situation where no participant can benefit by changing strategies unilaterally.
Credible Threats
A declaration or signal that one party can make to convey they are prepared to follow through with a promised action if certain conditions are not met.
Extensive Form
Extensive form represents a way of describing a game in game theory, showcasing the sequential nature of players' decisions and possible strategies.
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