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trancy trancy
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5 years ago
The analytical framework in which two or more individuals, companies, or nations compete for certain payoffs that depend on the strategy that others employ is

• the tit-for-tat equilibrium.

• opportunistic behavior.

• the dominant equilibrium.

• game theory.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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BobbyDBobbyD
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5 years ago
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trancy Author
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