Examlex
Factor the expression.
Game-Theory
A mathematical framework used for analyzing situations in which players make strategic decisions that affect the outcomes of all participants.
Games-Of-Chance
Activities in which outcomes are determined primarily by random factors, usually for gambling or entertainment purposes.
Oligopoly Behavior
Market behavior characterized by a small number of firms dominating a market, where each firm's decisions impact the others, often leading to strategic pricing and output decisions.
Sequential Game
A strategic interaction (game) between two or more parties (players) in which each party moves (makes a decision) in a predetermined order (sequence).
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