1、Monopoly always has constant elasticity demand.
A、对
B、错
2、A game has two players. Each player has two possible strategies. One strategy is called “cooperate”, the other is called “defect”. Each player writes on a piece of paper either a C for cooperate or a D for defect. If both players write C; they both g
A、S+T >
100
B、T >
2S
C、S <
0 andT >
100.
D、S <
TandT >
100.
3、In the town of Torrelodones, each of the N > 2 inhabitants has $100. They are told that they can all voluntarily contribute to a fund that will be evenly divided among all residents. If $F are contributed to the fund, the local K-Mart will match t
A、0
B、$10
C、$20
D、$50
4、Big Pig and Little Pig have two possible strategies, Press the Button, and Wait at the trough. If both pigs choose Wait, both get 2. If both pigs press the button then Big Pig gets 7 and Little Pig gets 3. If Little Pig presses the button and Big Pig
A、Little Pig will get a payoff of 1 and Big Pig will get a payoff of 6.
B、Little Pig will get a payoff of 3 and Big Pig will get a payoff of 7.
C、Both pigs will wait at the trough.
D、The pigs must be using mixed strategies.
5、A famous Big Ten football coach had only two strategies. Run the ball to the left side of the line. Run the ball to the right side. The defense can concentrate forces on the left side or the right side. If the opponent concentrates on the wrong side,
A、is sure to run to the right side.
B、will run to the right side with probability 0.77.
C、will run to the right side with probability 0.87.
D、will run to the two sides with equal probability.
6、A situation where everyone is playing a dominant strategy must be a Nash equilibrium.
A、对
B、错
7、In a Nash equilibrium, everyone must be playing a dominant strategy
A、对
B、错
8、In the prisoners’ dilemma game, if each prisoner believed that the other prisoner would deny the crime, then both would deny the crime.
A、对
B、错
9、A general has the two possible pure strategies, sending all of his troops by land or all of his troops by sea. An example of a mixed strategy is where he sends 1=4 of his troops by land and 3=4 of his troops by sea.
A、对
B、错
10、In Nash equilibrium, each player is making an optimal choice for herself, given the choices of the other players
A、对
B、错
