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.
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark i...
The long-pending issue of (A)/release of seven life convict (B)/with the former Prime Minister Rajiv Gandhi (C)/ assassination case also (D)/need to be ...
The fuel crisis is the immediate cause, (A)/and whether that will run and run (B)/or fade away as fast as it (C)/gave up is for the moment hard to say ...
Read the following sentence to find out whether there is any grammatical mistake/error or idiomatic error in it. The error, if any, will be in one part ...
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark i...
She well knew her parents (A) / would never buy her the colorful balloons (B) / because they would say she is too old to play with such toys. (C) / No e...
Parts of the following sentence are given as options. Identify the segment that contains a grammatical error.Β
Craze for a thing that are not ea...
Angered over the delay in giving compensation; factory workers shouted slogans against the president when he reaches the office.
A big change that (A) / I notice in Divya is that she (B) / avoids to speak to me. (C) / No error (D)
Each sentence is divided into five parts (a), (b), (c), (d), and (e).
Find the part which contains the error. If there is no error, choose (e)...