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Game theory - Quiz
Contribué par: Haynes
  • 1. Which branch of economic theory specifically analyzes multi-agent interactions?
A) General equilibrium theory
B) Mechanism design theory
C) Decision theory
D) Game theory
  • 2. What is the primary focus of decision theory?
A) Single-player scenarios
B) Multi-agent interactions
C) Rule creation
D) Macroeconomic trade
  • 3. How does mechanism design theory differ from game theory?
A) It avoids incentive modeling
B) It ignores individual preferences
C) It focuses on the consequences of different rules
D) It only addresses single-player scenarios
  • 4. What is a 'metagame' in the context of game theory and mechanism design?
A) A game played by a single agent
B) A game with no defined rules
C) A purely descriptive econometric model
D) A game that aims to develop rules for a subject game
  • 5. What subject is explicitly listed as a focus area within mechanism design?
A) Auctions
B) Historical data trends
C) Single-objective optimization
D) Static environmental constraints
  • 6. What is the main concern of general equilibrium economists?
A) Single-player preference formation
B) Macroeconomic issues of trade and production
C) Metagame analysis
D) Individual agent belief formation
  • 7. What does DSGE stand for?
A) Dynamic stochastic general equilibrium
B) Decision-based strategic game evaluation
C) Dual-system game environment
D) Direct simulation of general equilibrium
  • 8. How does game theory differ from traditional econometric models?
A) It focuses on static environments
B) It is purely descriptive
C) It accounts for strategic interactions
D) It relies solely on historical data
  • 9. Which methodology is often used to replicate market dynamics through reward-punishment mechanisms?
A) Traditional econometrics
B) Static optimization algorithms
C) Decision analysis
D) Agent-based modeling
  • 10. What limitation do optimization algorithms have according to the text?
A) They analyze strategic interactions
B) They assume static environments
C) They focus on multiple stakeholders
D) They are too dynamic
  • 11. What is the primary field of study of game theory?
A) Theoretical physics
B) Organic biology
C) Applied mathematics
D) Pure chemistry
  • 12. What is the acronym used by Eric Rasmusen to describe the four essential elements of a game?
A) STRAT
B) PLAY
C) PAPI
D) GAMES
  • 13. Which mathematical theorem did John von Neumann use to build the foundations of game theory?
A) Brouwer fixed-point theorem
B) Fundamental theorem of calculus
C) Bayes' theorem
D) Pythagorean theorem
  • 14. In which year did John Nash, John Harsanyi, and Reinhard Selten win the Nobel Prize in economics?
A) 1944
B) 2005
C) 1994
D) 2012
  • 15. What is the term for the value a player receives for a strategy?
A) Revenue
B) Payoff
C) Utility outcome
D) Profit
  • 16. Which of the following is NOT an element of PAPI?
A) The choices
B) The environment
C) The information
D) The players
  • 17. Game theory has been applied to help understand which type of behavior in philosophy?
A) Biological behavior
B) Deviant behavior
C) Irrational behavior
D) Ethical or normative behavior
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