Game Theory
Quiz by Peg A-R
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9 questions
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- Q1What does Game Theory tell you in a competitive situation?How to be fairHow to be predictableHow to be popularHow to be smart30s
- Q2What happens to a player's value to the coalition in the Shapley Value equation?It is multipliedIt is subtractedIt is ignoredIt is averaged30s
- Q3What does the Shapley Value equation determine in cooperative games?What is fairWhat is popularWhat is profitableWhat is predictable30s
- Q4What is the method of dividing up gains or costs among players in cooperative game theory?Shapley ValueCooperative ValueFair ValueNash Value30s
- Q5What is the key concept in competitive game theory?Competitive BalanceFair EquilibriumCooperative EquilibriumNash Equilibrium30s
- Q6What is the solution to the Prisoner's Dilemma?One prisoner should confess while the other remains silentBoth prisoners should confess and rat each other outBoth prisoners should cooperate and work togetherBoth prisoners should remain silent30s
- Q7Who pioneered Game Theory?Russell CroweJohn NashWandaFred30s
- Q8What are the two main branches of Game Theory?Cooperative and selfish game theoryCooperative and competitive game theoryCooperative and noncooperative (competitive) game theoryCooperative and friendly game theory30s
- Q9What is the most famous thought experiment in competitive game theory?The Friend's DilemmaThe Competitive Game ExperimentThe Trust DilemmaThe Prisoner's Dilemma30s