AY22_Sem1_B220_L13

"Strategies are a key element of game theory". Is it true or false?

• True

• False

Which ONE (1) of the following is NOT true about Prisoners’ Dilemma?

• Players cooperate and agree with one common strategy

• Both players have a dominant strategy

• Both players would be better off if neither chose their dominant strategy

• The payoff from a strategy depends on the choice made by the other player

What is the type of game where all players make a move at the same time?

• Perfect Information

• Sequential Game

• simultaneous Game

• Imperfection Information

  What is the type of game where all players played by turn?

• Perfect Information

• Sequential Game

• Simultaneous Game

• Imperfect Information

In game theory, a strategy;

• is made up of a series of countermoves.

• must be strictly dominant.

• describes the actions a player will take at each decision point.

• must be a Nash equilibrium.