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Select the term that best describes each definition listed in the following table. Prisoner's Nash Dominant Tit-for-tat Payoff Dilemma Definition Equilibrium Strategy Collusion Strategy Matrix Game A visual representation of a game showing all possible strategies for each player and all potential 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 The event that occurs when agents in a game form O O O O O O an agreement about which strategies to implement