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Start learning 50% faster. Sign in nowNash 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.
The average age of a group of 30 men is 32 years. Five men, whose average age is 24 years, leave the group. What is the new average age of the remainin...
In four years, the age ratio of 'X' and 'Y' will be 10:13, respectively. The current average age of 'Y' and 'Z' is 54 years, and the present average age...
Four years ago, the total age of Riya and Samarth was 56 years. At present, the ratio of their ages is 3:5. What will be Samarth’s age six years from ...
The difference between the ages of two daughters is 8 years. 12 years ago, the elder one was twice as old as the younger one. The present age of the el...
The sum of the ages of a father and his son is 60 years. 15 years ago, the father was five times as old as the son. What is the present age of the father?
In a school, there are 20 teachers. The average age of all the teachers is 40 years. If the age of three principals is included, then the average age is...
The ratio of A's age to B's age after 18 years will be 5:6. Seven years ago, the ratio of their ages was 5:7. Find the present average age of A and B.