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Which the following statements describes the conceptual difference between traditional game theory and evolutionary game theory? Evolutionary game theory is applicable to animal behavior while
Which the following statements describes the conceptual difference between traditional game theory and evolutionary game theory? Evolutionary game theory is applicable to animal behavior while traditional game theory is only applied to market behavior Traditional game theory can be used to predict the payoff of games between individuals while evolutionary game theory does not Traditional game theory assumes interactions between rational individuals while evolutionary game theory does not Evolutionary game theory predicts a stable equilibrium in the interaction between individuals while traditional game theory does not
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