Author Question: Game theory assumes that to compute the likely outcome of games, one needs to assume that players ... (Read 68 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 use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

For a complete list of videos, visit our video library