Answer:
Explanation:
In game theory, the game of centipede (or centipede), first introduced by Rosenthal in 1981, is an extended form game in which two players take turns choosing between taking a payoff, which grows as it does not you choose to acquire it, and thus end the game, or pass the choice to another player.
The payoffs are however arranged in such a way that if one passes the choice to the opponent and the opponent chooses the payoff in his turn, the player who had passed receives a slightly lower payoff than he would have taken if he had finished the game in his round.
The only perfect Nash balance in the subgames (and every Nash balance) of this game indicates that player 1 should take the payoff in the first game round and leave player 2 with his mouth dry; however, by testing the game empirically, few players do, and as a result they get a higher payoff than expected in the balance analysis.
These results show how a game's solutions represented by the perfect Nash equilibrium in subgames and the Nash equilibrium cannot predict how people play in some circumstances.
The game of centipede is commonly used in introductory courses in game theory to highlight the concept of backward induction and the iterated elimination of dominated strategies, which constitute
Outdoor media have an advantage of high repeat exposure, while a disadvantage is little audience selectivity.
What is meant by outdoor media?
Any advertising places and facilities suited for promotional purposes that are outside, such as billboards, rotating boards, video walls, lampposts, bridge railings, public transit, and public building facades, as further stated in Clause 4.4, are considered outdoor advertising media.
What is the purpose of outdoor media?
Outdoor advertising, commonly referred to as OOH advertising, aims to reach people when they are out of their homes. Outdoor advertising might be able to engage motivated consumers because people are spending more time outside of their homes these days. Outdoor advertising has a plethora of advantages.
Learn more about Outdoor advertising: brainly.com/question/15231456
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The higher the altitude the lower the temperature, and the lower the altitude the higher temperature
Religions give a lot of value to their temples. The most of the development of architecture found space on design´s temples. In different nations or societies, it´s part of the history of their development as a civilization, the projection of the best image for their temples or space for cultivating people´s faith.
Phobic anxiety is a specific thing or situation, whereas generalized anxiety -as the name suggests- is more general.
