4. Game theory terminology Select the term that best describes each definition listed in the following table. Prisoners' Nash Dominant Tit-for-tat Payoff Dilemma Definition Equilibrium Strategy Collusion Strategy Matrix Game A player's best choice, if it exists, regardless of his O O O O O O or her opponent's strategy A visual representation of a game showing all possible strategies for each player and all potential O O O O O O outcomes and payoffs A set of strategies (one for each player) in which each player's strategy is the best option for that O O O O O O player, given the chosen strategy of the player's opponents A case in which individually rational behavior leads O O O O O O to a jointly inefficient outcome Grade It Now Save & Continue Continue without saving