Examlex
Consider an observer located on the equator.If the observer sees a star directly overhead at
10 P.M., where will that star be located in the night sky at 3 A.M.?
Bargain Hard
The practice of negotiating forcefully or assertively to achieve favorable terms.
Nash Equilibrium
A principle in game theory stating that there is no advantage for any player to alter their strategy if all other participants maintain their current strategies.
Simultaneous Move Game
A game theory model where all players make their decisions or moves at the same time, without knowledge of the others' choices.
Prisoner's Dilemma
A situation in game theory where two individuals acting in their own self-interest do not produce the optimal outcome.
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