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When game theorists assume players are rational, they mean: Group of answer choices They always select the outcome with the highest expected payoff They have
When game theorists assume players are rational, they mean: Group of answer choices They always select the outcome with the highest expected payoff They have ordered, complete, and transitive preferences across outcomes They always select the best payoff They make their decisions after gathering as much information as they can
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Microeconomics
Authors: Michael Parkin
11th edition
133019942, 978-0133020250, 133020258, 978-0133019940
