Author Question: Game theory assumes that to compute the likely outcome of games, one needs to assume that players ... (Read 93 times)

piesebel

  • Hero Member
  • *****
  • Posts: 565
Game theory assumes that to compute the likely outcome of games, one needs to assume that players act
 a. Rationally
  b. Optimally
  c. In their own self-interest
  d. All the above

Question 2

The strategy profile in which both players remain silent in the Prisoners' Dilemma can be described as:
 a. non-Pareto optimal and unstable.
  b. Pareto optimal and unstable.
  c. non-Pareto optimal and stable.
  d. Pareto optimal and stable.



adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

For a complete list of videos, visit our video library