Game Theory Algorithms MCQs With Answers

Computer MCQs 360May 9, 2024

0 33 1 minute read

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Game Theory Algorithms Online Quiz

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Test Name: Game Theory Algorithms MCQ Quiz Practice
Type: Quiz Test
Total Questions: 40
Total Marks: 40
Time: 40 minutes

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Game Theory Algorithms

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1 / 40

What is the focus of bargaining theory in game theory?

Finding Nash equilibrium

Solving zero-sum games

Negotiation between players

2 / 40

Which game theory concept involves choosing strategies that form part of the best response in every subgame?

Pareto Optimality

Dominant Strategy

Subgame Perfect Equilibrium

3 / 40

Which concept involves analyzing the strategy choices of players in games with incomplete information?

Bayesian Nash Equilibrium

Pareto Optimality

Dominant Strategy

4 / 40

What is the significance of the Folk Theorem in repeated games?

Solves zero-sum games

Finds Nash equilibrium

Describes possible outcomes in repeated interactions

5 / 40

What is a sequential game?

Zero-sum game

Simultaneous decision game

Game played in turns

6 / 40

Which concept refers to an outcome where no player can be made better off without making at least one player worse off?

Dominant Strategy

Pareto Optimality

Nash Equilibrium

7 / 40

What is the main application of the Shapley value in game theory?

Solving zero-sum games

Finding Nash equilibrium

Fair division of payoffs

8 / 40

Which algorithm is used to find an optimal strategy in repeated games?

Nash Existence Theorem

Minimax algorithm

Folk Theorem

9 / 40

In a game tree, what method is used to determine the optimal strategy by looking ahead and reasoning backward?

Minimax algorithm

Backward Induction

Forward Induction

10 / 40

What is a strategy in game theory that involves randomizing over possible actions?

Mixed Strategy

Dominant Strategy

Pure Strategy

11 / 40

In game theory, what is the concept of making credible threats and promises to influence the outcome?

Nash Equilibrium

Strategic Commitment

Pareto Optimality

12 / 40

What is the main focus of mechanism design in game theory?

Solving zero-sum games

Designing economic mechanisms

Finding Nash equilibrium

13 / 40

Which algorithm is used to find the Nash equilibrium in two-player zero-sum games?

Minimax algorithm

Vickrey auction

Shapley value

14 / 40

In game theory, what is a strategy that is the best response to all possible strategies of the opponents?

Dominant Strategy

Nash Equilibrium

Subgame Perfect Equilibrium

15 / 40

Which auction type ensures that the winner pays the second-highest bid?

English auction

Dutch auction

Vickrey auction

16 / 40

Which concept refers to a strategy that maximizes a player's expected utility given their beliefs about the opponents' strategies?

Maximin Strategy

Bayesian Nash Equilibrium

Pareto Optimality

17 / 40

Which type of game involves players making decisions simultaneously without knowledge of the others' choices?

Simultaneous game

Sequential game

Zero-sum game

18 / 40

In game theory, what is a payoff matrix?

Equilibrium condition

Representation of payoffs

Strategy set

19 / 40

In game theory, what is a repeated game?

Zero-sum game

Game played multiple times

Single round game

20 / 40

What is a game called where players can form coalitions and share payoffs?

Non-cooperative game

Cooperative game

Zero-sum game

21 / 40

What is the role of a payoff matrix in game theory?

Representing payoffs

Listing strategies

Finding equilibria

22 / 40

Which theorem states that in a two-player zero-sum game, the maximin value is equal to the minimax value?

Nash Existence Theorem

Minimax Theorem

Folk Theorem

23 / 40

Which concept refers to the best strategy for a player, given the strategies chosen by the other players?

Best Response

Dominant Strategy

Mixed Strategy

24 / 40

What is the main focus of the theory of moves in game theory?

Auction design

Dynamic strategy adjustment

Static strategy choice

25 / 40

What is the Nash bargaining solution?

Equilibrium in zero-sum games

Auction mechanism

Fair division of surplus

26 / 40

In mechanism design, what is a key objective?

Solve zero-sum games

Create incentives for desired outcomes

Find Nash equilibrium

27 / 40

Which concept in game theory refers to a situation where no player can benefit by changing their strategy while the other players keep theirs unchanged?

Nash Equilibrium

Pareto Optimality

Dominant Strategy

28 / 40

Which theorem states that every finite game has at least one Nash equilibrium?

Nash Existence Theorem

Folk Theorem

Minimax Theorem

29 / 40

What is a strategy that always provides a higher or equal payoff regardless of the opponent's action?

Nash Equilibrium

Mixed Strategy

Dominant Strategy

30 / 40

What is the primary goal of auction theory in game theory?

Design and analyze auction mechanisms

Solve zero-sum games

Find Nash equilibrium

31 / 40

What is a mixed strategy Nash equilibrium?

Cooperative strategy

Probabilistic mix of strategies

Single best strategy

32 / 40

What is the key focus of evolutionary game theory?

Finding Nash equilibrium

Designing auctions

Dynamics of strategy change

33 / 40

Which game theory concept involves backward induction to find a strategy that leads to Nash equilibrium?

Dominant Strategy

Subgame Perfect Equilibrium

Pareto Optimality

34 / 40

What is the term for a situation where players cannot increase their payoffs by deviating from their strategy in the repeated game?

Mixed Strategy

Subgame Perfect Equilibrium

Dominant Strategy

35 / 40

What is a saddle point in a payoff matrix?

Minimum payoff point

Maximum payoff point

Point where row and column minima intersect

36 / 40

Which concept in game theory involves making decisions that maximize a player's minimum guaranteed payoff?

Pareto Optimality

Dominant Strategy

Maximin Strategy

37 / 40

Which algorithm is commonly used in solving games with perfect information?

Shapley value

Minimax algorithm

Nash Existence Theorem

38 / 40

In game theory, what is a trigger strategy?

Strategy to enforce cooperation

Dominant Strategy

Mixed Strategy

39 / 40

What is a game called where one player's gain is exactly equal to the other player's loss?

Zero-sum game

Non-zero-sum game

Cooperative game

40 / 40

In game theory, what is the difference between a pure strategy and a mixed strategy?

Pure is deterministic, mixed is probabilistic

Mixed always wins

Pure always wins

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Computer MCQs 360May 9, 2024

0 33 1 minute read