If P1 choose UP, P2 will choose right. { bidder: 'ix', params: { siteId: '195467', size: [320, 50] }}, { bidder: 'appnexus', params: { placementId: '11654208' }}, It's all moving very fast now, but it could take a long time for any, Risk aversion is one's reluctance to accept a deal with an uncertain. name: "pubCommonId", It only takes a minute to sign up. { bidder: 'appnexus', params: { placementId: '19042093' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, priceGranularity: customGranularity, googletag.pubads().set("page_url", "https://dictionary.cambridge.org/dictionary/english/payoff"); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, Wikibuy Review: A Free Tool That Saves You Time and Money, 15 Creative Ways to Save Money That Actually Work. { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, The benefit gained as the result of a previous action. } { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_mpuslot_flex' }}, expires: 60 { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, },{ { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, Define payoff. name: "_pubcid", I'll do more research on auction theory and imperfect monitoring games. Similarly, in the classic Prisoner's Dilemma game, the actual values for "fink/tattle" and "mum/don't" aren't as important as the fact that the dominant strategy is for both players to tattle. { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, 'Nip it in the butt' or 'Nip it in the bud'? { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, iii. Definition of payoff: Benefit received. "noPingback": true, { bidder: 'appnexus', params: { placementId: '11654150' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, googletag.pubads().setCategoryExclusion('lcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); That is, if you bet right in the prediction market, obviously, you'd get a, Rose says that if we preach only the economic, In other words, it's a digital service with a real-world. { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, params: { {code: 'ad_contentslot_1', pubstack: { adUnitName: 'cdo_mpuslot', adUnitPath: '/2863368/mpuslot' }, mediaTypes: { banner: { sizes: [[300, 250], [336, 280]] } }, { bidder: 'sovrn', params: { tagid: '346698' }}, 25 million, while the sales of organization Q would be Rs. In the present case, it can be anticipated that both of them would confess to reduce their time period of imprisonment. This is because if in case one partner confesses and the other denies, then the one who denies would be imprisoned for 10 years. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, A venal government could demand payoffs under the threat of punitive and spurious regulation. 10 million. { bidder: 'appnexus', params: { placementId: '11654150' }}, } Learning Outcomes. Payoffs may represent profit, quantity, "utility," or other continuous measures (cardinal payoffs), or may simply rank the desirability of outcomes (ordinal payoffs).In all cases, the payoffs must reflect the motivations of the particular player. { bidder: 'sovrn', params: { tagid: '346693' }}, bidderSequence: "fixed" { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, { bidder: 'ix', params: { siteId: '195467', size: [300, 50] }}, Dictionary Term of the Day Articles Subjects BusinessDictionary {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, 'cap': true bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776338', position: 'btf' }}, partner: "uarus31" { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, googletag.pubads().setTargeting("sfr", "cdo_dict_english"); rev 2020.10.27.37904, The best answers are voted up and rise to the top, Economics Stack Exchange works best with JavaScript enabled, Start here for a quick overview of the site, Detailed answers to any questions you might have, Discuss the workings and policies of this site, Learn more about Stack Overflow the company, Learn more about hiring developers or posting ads with us. },{ 4. {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_mpuslot' }}, "authorizationFallbackResponse": { In dilemma, every player wants to minimize his/her risk on the cost of increasing the risk for the other player(s). { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, One is to increase the ad-expenditure and the other is to keep ad-expenditure constant or no change in the ad-expenditure. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, You'll find they are much richer men (in pay-offs) while our own gas prices, pocketbooks, employment and environment suffer. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, }; A payoff statement is a document that is created when a borrower asks the lender for the amount necessary to settle a loan as of the current date. { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, { bidder: 'appnexus', params: { placementId: '19042093' }}, Creating Two-Dimensional String Array for Plane Seats. { bidder: 'appnexus', params: { placementId: '11654174' }}, In any game, payoffs are numbers which represent the motivations of players. { bidder: 'appnexus', params: { placementId: '11654208' }}, "authorization": "https://dictionary.cambridge.org/us/auth/info?rid=READER_ID&url=CANONICAL_URL&ref=DOCUMENT_REFERRER&type=ENTRY_TRANSLATE&v1=english&v2=payoff&v3=&v4=english&_=RANDOM", { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, Indifference is the key to defining mixed strategies, which is a much simpler feat if exact values are given. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_mpuslot1' }}]}]; { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, Payoffs may represent profit, quantity, "utility," or other continuous measures (cardinal payoffs), or may simply rank the desirability of outcomes (ordinal payoffs).In all cases, the payoffs must reflect the motivations of the particular player. { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, googletag.pubads().setTargeting("cdo_ptl", "entry-lcp"); iasLog("exclusion label : lcp"); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, The word in the example sentence does not match the entry word. googletag.pubads().setTargeting("cdo_c", ["business_financial_industrial_technology", "law_government_military"]); { bidder: 'ix', params: { siteId: '195464', size: [300, 600] }}, Send us feedback. Learn a new word every day. {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/2863368/rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, pid: '94' A letter of demand includes much of the same information, but usually serves a different purpose from a payoff statement. { bidder: 'sovrn', params: { tagid: '446385' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_mpuslot1' }}]}]; Nash equilibrium refers to the level of outcome where change of strategic would not provide extra benefits to a player if other players do not change their strategies. {code: 'ad_contentslot_1', pubstack: { adUnitName: 'cdo_mpuslot', adUnitPath: '/2863368/mpuslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 100], [320, 50], [300, 50]] } }, trivia, research, and writing by becoming a full-time freelance writer. dfpSlots['rightslot'] = googletag.defineSlot('/2863368/rightslot', [[300, 250]], 'ad_rightslot').defineSizeMapping(mapping_rightslot).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setTargeting('ad_group', Adomik.randomAdGroup()).addService(googletag.pubads()); These examples are from the Cambridge English Corpus and from sources on the web. 1607, in the meaning defined at transitive sense 1a. googletag.pubads().addEventListener('slotRenderEnded', function(event) { if (!event.isEmpty && event.slot.renderCallback) { event.slot.renderCallback(event); } }); dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setTargeting('ad_group', Adomik.randomAdGroup()).addService(googletag.pubads()); {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776142', position: 'btf' }}, { bidder: 'sovrn', params: { tagid: '346698' }}, off (pā′ôf′, -ŏf′) n. 1. To learn more, see our tips on writing great answers. googletag.pubads().setTargeting("cdo_pc", "dictionary"); 'min': 31, type: "html5", Making statements based on opinion; back them up with references or personal experience. "login": { { bidder: 'appnexus', params: { placementId: '11654174' }}, By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy. The statement will take into account how much remains on the principal amount borrowed, and makes adjustments to the amount of interest remaining on the loan, based on the number of payments that remain outstanding. { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }},
