In game theory a listing of the rewards or punishments that each player will receive for each possible combination of strategies is called

a. the marginal strategy schedule
b. the payoff matrix
c. strategic planning
d. the input-output matrix
e. the game listing payoff

B

Economics

You might also like to view...

Gresham's Law

A) deals with the theory of regulatory forces in the economy. B) is the tendency for good money to drive bad money out of circulation. C) is the tendency for bad money to drive good money out of circulation. D) was passed in 1913, as part of the Federal Reserve Act.

Economics

Under a flexible exchange rate system, an increase in the value of a domestic currency in terms of other currencies is referred to as

A) an appreciation. B) a depreciation. C) a devaluation. D) a revaluation.

Economics