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.
Find the remainder when the number (256n + 105) is divided by 16.
A number leaves a remainder of 12 when divided by 19. What will be the remainder when three times that number is divided by 19?
What is the digit in the units place of the number (1624)24 ?
Find the digit which will come at the unit place after solving the following expression (769 Γ 394 Γ 942)
What is the average of all the prime numbers which are less than 35?
Let βyβ be the smallest number divisible by 12, 20, 28, and 42, such that βyβ is a perfect square. What will be the remainder when βyβ is di...
If y = 5, then what is the value of 10y
Find the maximum number of trees which can be planted, 25 meters apart, on the two sides of a straight road 2125 meters long?
- Find the median of the following observations:
7, 8, 5, 4, 6, 10, 9, 12, 11, 13 There are two natural numbers such that the square of the smaller number exceeds five times the larger number by 4. Additionally, the sum of these two n...