Operation Research (3151910) MCQs

MCQs of Game Theory

Showing 31 to 38 out of 38 Questions
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31.

In the given game the saddle point is: 

    B
    I II III
A I 2 -4 6
II 0 -3 -2
III 3 -5 4
(a)

-2
(b)

0
(c)

-3
(d)

2
Answer:

Option (c)

32.

A competitive situation is known as

(a)

Competition
(b)

Marketing
(c)

Game
(d)

None of these
Answer:

Option (c)

33.

One of the assumptions in the game theory is

(a)

All players act rationally and intelligently
(b)

The winner alone acts rationally
(c)

Loser acts intelligently
(d)

Both the players believe luck 
Answer:

Option (a)

34.

A play is played when

(a)

The manager gives green signal
(b)

Each player chooses one of his courses of action simultaneously
(c)

The player who comes to the place first says that he will start the game
(d)

When the latecomer says that he starts the game.
Answer:

Option (b)

35.

The list of courses of action with each player ...............

(a)

is finite
(b)

is infinite
(c)

three only
(d)

none of these
Answer:

Option (a)

36.

A game involving ‘n’ persons is known as:

(a)

Multi member game
(b)

Multi player game
(c)

n - person game
(d)

not a game
Answer:

Option (c)

37.

Theory of games and economic behavior is published by:

(a)

John Von Neumann and Morgenstern
(b)

John Flood
(c)

Bellman and Neumann
(d)

Mr. Erlang
Answer:

Option (a)

38.

In the matrix of a game given below the negative entries are: 

    B
    I II
A I 1 -1
II -1 1
(a)

Payments from A to B
(b)

Payments from B to A
(c)

Payment from players to organizers
(d)

Payment to players from organizers.
Answer:

Option (a)

Showing 31 to 38 out of 38 Questions
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