Asked by Peter Shibia on May 02, 2024
Verified
Which of the following is NOT a key component of every game?
A) Strategies
B) Players
C) Payoffs
D) Cooperation
Cooperation
A process whereby individuals or entities work together towards common goals, often resulting in mutual benefit.
Strategies
Carefully devised plans or methods aimed at achieving specific long-term objectives or solving problems.
Payoffs
The outcomes or returns from an action or investment, often used in the context of games and financial investments.
- Identify the differences between cooperative and noncooperative games.
- Discern the principal strategies for competitors in a game.
Verified Answer
AA
Abdullah AladibMay 03, 2024
Final Answer :
D
Explanation :
While cooperation is often a key component in many games, it is not necessary in every game. Some games may involve competition or independent decision-making without any need for cooperation among players. Therefore, option D is the correct answer.
Learning Objectives
- Identify the differences between cooperative and noncooperative games.
- Discern the principal strategies for competitors in a game.