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.
A proclamation was issued on August 1, 1672 which fully abolished the:
In which of the following session Muslim league passed a resolution for the establishment of a separate homeland for the Muslims of British India?
Chauri Chaura is known in the history of India's struggle for freedom because
In the context o international affairs. which one of the following is correct about lord Curzon?
Telnet is a ......... based computer protocol
During the World War II, Indian soldiers fought heroically in the Batle at Monte Cassino. Where is Monte Cassino located?
A shopkeeper sold an article after giving a discount of 25% and made a profit of Rs.64. Find the difference between the marked price and selling price o...
Skyhawk was recently in the news, what is skyhawk?
Which of the following factors are likely to act as an obstacle for India to be a part of the global assembly chain for the Networked products?
Â...
Which one of the following is not a characteristic of the Mughal chronicles?