Multiple Choice
The key assumption(s) in the theory of games is/are that:
A) each party in a conflict is rational in that each is capable of ordering preferences for various outcomes
B) each party is capable of acting to minimize losses and maximize gains
C) in an exchange, people try to get the most for themselves
D) both b and c
E) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
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