In standard games theory each player is assumed to derive utility only from current or future consumption with no concern for the impacts of their choice on others.This is called ________ preferences.

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Neoclassical preferences assume that individuals are primarily concerned with their own consumption without regard for the effects of their choices on others, aligning with the principles of neoclassical economics which focus on individual decision-making based on utility maximization.

In Standard Games Theory Each Player Is Assumed to Derive