Mock Test

PASSAGE -1

Pick out the word that is most nearly the opposite in meaning of the word given in capitals.

1. Which of the following best defines a Nash equilibrium?




2. In a non-cooperative game, each player chooses their strategy:




3. Which of the following is true about Nash equilibrium in a game?




4. A Nash equilibrium can be defined as a situation in which:




5. In a game with two players, a Nash equilibrium occurs when:




6. Which of the following is not a feature of non-cooperative games?




7. A pure strategy Nash equilibrium occurs when:




8. In a Nash equilibrium:




9. The Nash equilibrium concept applies primarily to:




10. Which of the following is a common application of Nash equilibrium?




11. In a Nash equilibrium for a two-player game:




12. A Nash equilibrium can involve:




13. Which of the following statements about non-cooperative games is true?




14. Which of the following games typically have Nash equilibria?




15. In the prisoner’s dilemma, the Nash equilibrium leads to:




16. Which of the following is a necessary condition for a Nash equilibrium?




17. The concept of Nash equilibrium is named after which economist?




18. Which statement is true in the context of Nash equilibrium?




19. In a mixed strategy Nash equilibrium:




20. In non-cooperative games, communication between players is:




21. In game theory, a strategy is considered dominant when it:




22. A Nash equilibrium in a game can be:




23. The existence of a Nash equilibrium is guaranteed in games that:




24. In which of the following games does the Nash equilibrium not lead to a Pareto-efficient outcome?




25. In a mixed strategy Nash equilibrium, each player: