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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
Katie does not like wearing baggy pants because she thinks they do not look feminine. Katie's opinion is based on her perception of gender
Gender is the range of characteristics that relate to and distinguish between feminine and masculine. Depending on the context, gender-related social structures and gender identities may be considered.
Gender refers to the socially constructed characteristics of women, men, girls, and boys. This includes the norms, behaviors, roles, and relationships associated with being a woman, man, girl, or boy. As a social structure, gender differs from society to society and can change over time.
Through conversations with real people, Benestad observed his seven unique genders. Female, male, intersex, trans, nonconforming, individual, eunuch
Learn more about gender here
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The Romans came to Britain looking for riches, land, slaves and most of Britain's metal. 1. They were angry with Britain for helping the French battle against strong and mighty emperor Julius Caesar. ... They wanted lots of riches and land.
<span>It's quite difficuld to put the right word without options. But I think, I know the answer. Speciation requires that two populations become separated from each other.</span>
