Explain game theory circumstances is a collusive outcome
Under which of the following game theory circumstances is a collusive outcome most likely?
a prisoner's dilemmab repeated gamesc games with dominant-strategy outcomesd games with Nash equilibrium
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It takes 3 pounds of direct materials to produce the product. It is the company's policy to maintain an inventory of direct materials on hand at the end of each month equal to 30% of the next month's production needs. Direct materials inventory on
Under which of the following game theory circumstances is a collusive outcome most likely? games with dominant-strategy outcomes and games with Nash equilibrium.
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