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The Key Assumption Used in Game Theory Is That Each

Question 49

Multiple Choice

The key assumption used in game theory is that each player:


A) pursues his own self-interest, taking into account its rival's behavior.
B) is not affected by other players' actions.
C) seeks to outperform its competitors.
D) seeks to maximize the players' collective profits.
E) maximizes its expected utility independent of the rival's actions.

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