Question
N people guess an integer between 1 and 100, and the
winner is the player whose guess is closest to 2 times the mean of the guesses. What is the equilibrium in this case?Solution
Each player’s best response is to announce a number closest to twice the average, subject to the Constraint of the 100. So, each person wants to name a number above average, and so nothing is stable except all saying 100.
Who among the following is the author of the book ‘Overdraft: Saving the Indian Saver’? Â
Which one of the following statements is correct?
Who among the following Indian women freedom fighters popularly known as Grand Old Lady?
G Krishnakumar was appointed chairman of which of the following in 2023?
Select the correct alternative on the basis of the given statements on the Great Bath of Harappan civilisation.
Statement I: The Great Bath was f...
To whom was the ‘I-League’ trophy handed in 2019-20?
Who was the Indian Cabinet Minister of Corporate Affairs as on 31 July 2020?
How many critical minerals have been listed by the Government of India in the released list?
A _________________ is a cloud of dust and gas inside a galaxy.Â
Bajrang Punia is related to which of the following sports?
