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.
Which among the following is used for removing a software bug / defect which is available for free of cost from the software provider?
Which of the following is the full-form of ENIAC?
_______________ is used in second generation computer.
In a computer file system which among the following is top or first in hierarchy?
The device used to carry digital data on analogue lines is called as
.......... is the key we use to run the selected command.
Which of the following shortcut key save the open document in MS Word like ‘Ctrl + S’?
Which of the following is designed to control the operations of a computer?
What is the function of a Content Delivery Network (CDN) in web hosting?
What is the smallest and largest font size available in Font Size tool on formatting toolbar?