Question
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:Solution
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.
Dev has joined Snapchat and has 20 friends and each of these friends has 40 friends. Later, it is found that at least two of his friends know each other...
What is the value of 1Β² + 3Β² + 5Β² + 7Β² + 9Β² ................ 19Β²?
- In the number 862x4, if it is divisible by 56 and x > 5, then what is the value of x?
Three numbers are in the ratio 2:5:9. If the difference between the sum of the smallest and the largest and the sum of the smallest and the second numbe...
- Find the remainder when

- A certain number is to be subtracted from 90 and 72 to get the numbers in the ratio 5:4. What is the number?
Some chocolates were distributed among (x + 4) students such that each student received 12 chocolates. If there had been 8 students more, then chocolate...
A number is first increased by 20% and then decreased by 10%. If the final number is 108, find the original number.
- Two numbers have a sum of 112. If their LCM is 420 and HCF is 6, determine the smaller number.
Find the sum of all natural numbers from 1 to 300 which are divisible by 7.