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MAT 3172 Module 1 Pure strategy and Nash Equilibrium Assessment Answers (Rasmussen College)

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<strong>MAT</strong> <strong>3172</strong> <strong>Module</strong> 1 <strong>Pure</strong> <strong>strategy</strong><br />

<strong>and</strong> <strong>Nash</strong> <strong>Equilibrium</strong> <strong>Assessment</strong><br />

<strong>Answers</strong> (<strong>Rasmussen</strong> <strong>College</strong>)<br />

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https://www.homeworkmade.com/mat-<br />

<strong>3172</strong>-module-1-pure-<strong>strategy</strong>-<strong>and</strong>nash-equilibrium-assessmentanswers-rasmussen-college/<br />

<strong>MAT</strong> <strong>3172</strong> <strong>Module</strong> 1 <strong>Pure</strong> <strong>strategy</strong> <strong>and</strong> <strong>Nash</strong> <strong>Equilibrium</strong> <strong>Assessment</strong> <strong>Answers</strong> (<strong>Rasmussen</strong> <strong>College</strong>)<br />

1. Two players Bob <strong>and</strong> Alice are playing the following game<br />

2. In the following game find the <strong>Nash</strong> Eqilibrium:<br />

3. In the following game, find the <strong>Nash</strong> Eqilibria:<br />

4. For the game shown below, identify the <strong>Nash</strong> Equilibria<br />

5. Which of the following describes a <strong>Nash</strong> equilibrium in a game?<br />

6. Which of the following situations in a game will result in a <strong>Nash</strong> equilibrium<br />

7. A game matrix is shown below: Choose the correct statement among the following:<br />

8. Two players Bob <strong>and</strong> Alice are playing the following game<br />

The numbers in the cells are the respective payoffs to the players as per convention<br />

(Run, Slide) is a <strong>Nash</strong> <strong>Equilibrium</strong> if<br />

Select the correct option.<br />

9. In the game shown below, the numbers in the cells show payoffs to Players 1 <strong>and</strong> 2. What is player 1's<br />

dominant <strong>strategy</strong>?<br />

10. In the following game, the payoffs are ranks of the outcomes for each player with 1 being the<br />

best <strong>and</strong> 4 being the worst. Identify the correct statement from the options.<br />

11. In the game shown below, the numbers in the cells show payoffs to Players 1 <strong>and</strong> 2. What is<br />

Player 1's dominant <strong>strategy</strong>?<br />

12. In the following game, what is the <strong>Nash</strong> equilibrium?<br />

13. In the game shown below, the numbers in the cells show payoffs to Players 1 <strong>and</strong> 2. What is<br />

player 1's dominant <strong>strategy</strong>?<br />

14. What can be the minimum integer value of 'a' for the game below to have (A,C) has the <strong>Nash</strong><br />

<strong>Equilibrium</strong>?<br />

15. Two players Bob <strong>and</strong> Alice are playing the following game<br />

The numbers in the cells are the respective payoffs to the players as per convention<br />

Identify the correct statement from the following<br />

16. For any two person game, choose the correct statement from the following:<br />

17. In the following game find the <strong>Nash</strong> Eqilibria:<br />

18. In game theory terminology, a <strong>strategy</strong> that is optimal for Player 1 irrespective of the <strong>strategy</strong><br />

chosen by Player 2 is called<br />

19. What can be the minimum integer value of 'a' for Player 1 to have a strictly dominant <strong>strategy</strong>?


20. Two players Bob <strong>and</strong> Alice are playing the following game<br />

Identify the <strong>Nash</strong> Equilibria

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