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The Story of Game Theory
  • 1. Who is considered the father of modern game theory?
A) Albert Einstein
B) John von Neumann
C) Isaac Newton
D) Galileo Galilei
  • 2. In game theory, what is a Nash equilibrium?
A) A situation where all players lose.
B) A game with no optimal strategies.
C) A strategic move that always guarantees a win.
D) A stable state where no player has an incentive to change their strategy given the strategies of the other players.
  • 3. What famous book introduced the concept of game theory to a wider audience?
A) Moby Dick
B) The Theory of Games and Economic Behavior
C) 1984
D) The Lord of the Rings
  • 4. What is the 'stag hunt' game in game theory?
A) A game that models the conflict between individual gain and group cooperation.
B) A game involving fictional animals.
C) A game played by hunting enthusiasts.
D) A game with no clear strategy.
  • 5. What is meant by the concept of 'utility' in game theory?
A) A measure of preference or value assigned to outcomes in a game.
B) A measure of the game's complexity.
C) A measure of time taken to make a decision.
D) A measure of player skill.
  • 6. In game theory, what does 'backwards induction' refer to?
A) A method of solving a game from the end to the beginning by determining the optimal strategy for the last player to move.
B) Guessing the opponent's next move.
C) Playing without considering previous moves.
D) Allowing the opponent to dictate the game.
  • 7. What concept in game theory involves one player's gaining only if another player loses?
A) Thinking ahead
B) Collusion
C) Random chance
D) Zero-sum game
  • 8. What famous theorem is central to the study of cooperative game theory?
A) The Pythagorean theorem
B) Fermat's Last Theorem
C) The Shapley value
D) The Fundamental Theorem of Algebra
  • 9. What is a dominant strategy in game theory?
A) A strategy that depends on the opponent's mood.
B) A strategy that is always the best choice regardless of the strategies chosen by other players.
C) A strategy that is rarely used.
D) A strategy that requires luck to succeed.
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