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Rationality

A basic assumption used in most economic theories is that rationality guides choices.

A basic assumption used in most economic theories is that rationality guides choices.

July 14, 2025

A basic assumption used in most economic theories is that individuals act rationally to maximize their self-interest. This seemingly simple ...

What Does Strictly Dominated Mean in Game Theory?

What Does Strictly Dominated Mean in Game Theory?

January 12, 2025

What does strictly dominated mean in game theory? This seemingly simple question opens a door to a fascinating area of ...

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