Prisoner's dilemma - is a two-person scenario in which (1) Player A stands to benefit more from a transaction by acting selfishly toward Player B if B offers to collaborate, and vice versa; but, (2) A and B together might obtain a bigger total payoff by collaborating than by acting selfishly in both cases. The typical result of a Prisoner's Dilemma is that both players act selfishly, which results to a poor decision for both.
With this system, one may strike a balance between rivalry and competitive for the benefit of all parties.
According to game theory, a situation where two players act selfishly would ultimately lead to a poor decision or getting smaller rewards for both is known as a prisoner's dilemma. The prisoner's dilemma also demonstrates the fact that sometimes, collaboration is not the best course of action.
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September 28, 1781 – October 19, 1781
Answer:If the House and Senate pass the same bill then it is sent to the President. If the House and Senate pass different bills they are sent to Conference Committee. Most major legislation goes to a Conference Committee.
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<h3>The invention of gunpowder.</h3>
Explanation:
- The post classical era often called as post ancient period is the period between 6th century AD to 15th century AD. This period is also known as the medieval period and is known for the various discoveries and inventions made during this age.
- It was during the post classical era China invented the four greatest inventions of all time. They were the gunpowder, printing press, paper and compass.
- The invention of gunpowder changed the whole scenario of warfare. It had a very powerful impact on the ways of battles and warfare all over the world.
A) Agriculture Marketing Act