In game theory and economic theory, a mathematical representation of a situation in which each participant's gain or loss of utility is exactly balanced by the losses or gains of the utility of the other participants, is known as:
Nash Equilibrium is a stable state of a system involving the interaction of different participants, in which no participant can gain by a unilateral change of strategy if the strategies of the others remain unchanged. The Nash equilibrium is one of the foundational concepts in Game Theory. In Zero-Sum game , if the total gains of the participants are added up and the total losses are subtracted, they will sum to zero. In contrast, non-zero-sum describes a situation in which the interacting parties' aggregate gains and losses can be less than or more than zero. A zero-sum game is also called a strictly competitive game while non-zero-sum games can be either competitive or non-competitive The Zero Game is the game where neither player has any legal options.
In this question two statements and the two conclusions related to them have been given in the form of i and ii, assuming that the statements given in t...
Three different positions of the same dice are shown. Find the number on the face opposite the face showing ‘6’.
Select the word-pair in which the two words share a different relationship from that shared by the two words in the rest of the word-pairs.
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series.
EBD, JGI, ?, TQS, YVX
Arrange the following in a logical and meaningful order.
I. Kamet
II. Kanchenjunga
III. Nanda Devi
IV. Saltoro Kangri
In a code language, 'FINGER' is coded as GJOFDQ and 'KIDNEY' is coded as LJEMDX.
How will 'MUSCLE' be coded in the same language?
Rogerio, in search of an internet café, walked 30 m due North. He turned right and walked 18 m. He again turned right and walked 30 m. Finally, he turn...
A certain number of people are sitting in a row, facing north. Only two people sit between K and L. L sits third to the right of M. Only three people si...
In a certain code language. 'COCK' is written as 'EQEM', and 'DUCK' is written as 'FWEM'. How will 'SWAN' be written in that language?
A team of seven members is be selected from ten members M1, M2, M3, M4, M5, M6, M7, M8, M9 and M10. Criteria for the selection are: M3 and M6 have to b...