Examlex
Brad and Jane exercise very little control over their two young children,and they usually allow them to do whatever they want.Psychologists would characterize Brad and Jane as ________ parents.
Payoff Matrix
In game theory, a diagram that shows how the payoffs to each of the participants in a two-player game depend on the actions of both; a tool in analyzing interdependence.
Dominant Strategy
In game theory, an action that is a player’s best action regardless of the action taken by the other player.
Bottled Water
Water that is packaged in plastic or glass bottles and sold for personal consumption, often purified or spring water.
Game Theory
A field of mathematics that analyzes competitive situations where the outcome of a participant's choice of action depends on the actions of other participants.
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