Question

Interactive choices that cause agents’ (people’s or nation’s) payoffs to be interdependent are known as ___________.

Strategic

Rational

Ordered

Irrational

Answer 1

Answer - Rational

Game Theory and Rational choice for Payoffs:

Payoffs are interdependent owing to the mutualistic cooperation is actually rational, as each agent tend to apply a different view of reasoning to get there PARETO outcomes. This all is an outcome of team reasoning as all want the payoffs to be dominant among the agents and should be in common interest games

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