Game Theory Quiz

Game Theory Quiz

Test your knowledge of game theory with these 10 challenging questions!

published on January 12
1/10

Which of the following is not a key concept in game theory?

Which of the following is not a key concept in game theory?
Nash equilibrium
Prisoner's dilemma
Dominant strategy
Supply and demand
2/10

What is the main objective of game theory?

What is the main objective of game theory?
To analyze the behavior of rational individuals
To determine optimal business strategies
To maximize utility in decision making
To study market equilibrium
3/10

In game theory, a zero-sum game refers to a scenario where:

In game theory, a zero-sum game refers to a scenario where:
The total payoffs of all players sum to zero
There are zero players involved in the game
One player's gain is equal to another player's loss
All players have an equal chance of winning
4/10

Which of the following is a non-cooperative game theory solution concept?

Which of the following is a non-cooperative game theory solution concept?
Pareto efficiency
Stackelberg equilibrium
Cournot equilibrium
Nash equilibrium
5/10

What is the minimum number of players required for a game to be classified as a non-trivial game in game theory?

What is the minimum number of players required for a game to be classified as a non-trivial game in game theory?
1
2
3
4
6/10

Which Nobel laureate is known for their work in game theory?

Which Nobel laureate is known for their work in game theory?
Adam Smith
John Nash
Milton Friedman
Amartya Sen
7/10

In a simultaneous game, players make decisions:

In a simultaneous game, players make decisions:
Sequentially, one after another
Based on random chance
At the same time, without knowing the decisions of others
In a cooperative manner
8/10

What does the 'Nash equilibrium' represent in game theory?

What does the 'Nash equilibrium' represent in game theory?
A situation where a player has the dominant strategy
A situation where strategic choices result in the best possible outcome for each player
A situation where all players agree on a single solution
A situation where no player has an incentive to deviate from their current strategy
9/10

Which of the following is an example of a cooperative game?

Which of the following is an example of a cooperative game?
Chess
Football
Tragedy of the commons
The prisoner's dilemma
10/10

What is the main assumption about player behavior in game theory?

What is the main assumption about player behavior in game theory?
Players always act selfishly
Players have perfect information
Players have unlimited resources
Players always cooperate with each other