Operation Research (3151910) MCQs

MCQs of Game Theory

Showing 11 to 20 out of 38 Questions
1 2 3 4
11.

A saddle point exists when

(a)

maximin value = maximax value
(b)

minimax value = minimum value
(c)

minimax value = maximin value 
(d)

none of these
Answer:

Option (c)

12.

In a pure strategy game

(a)

any strategy may be selected arbitrarily
(b)

a particular strategy is selected by each player
(c)

both players select their optimal strategy 
(d)

none of these
Answer:

Option (c)

13.

In a mixed strategy game

(a)

no saddle point exists
(b)

each player selects the same strategy without considering other player’s choice
(c)

each player always selects the same strategy
(d)

all of these
Answer:

Option (a)

14.

 Linear programming method should be used to determine the value of the game when the size of the payoff matrix is 

(a)

2 x 2 
(b)

3 x 4
(c)

m x 2
(d)

2 x n
Answer:

Option (b)

15.

Game theory is the study of

(a)

selecting optimal strategies
(b)

resolving conflict between players 
(c)

giving equal outcome to participants
(d)

none of these
Answer:

Option (a)

16.

If the value of the game is zero, then the game is known as:

(a)

Fair strategy
(b)

Pure strategy
(c)

Pure game
(d)

Mixed strategy
Answer:

Option (c)

17.

The games with saddle points are

(a)

Probabilistic in nature,
(b)

Normative in nature
(c)

Stochastic in nature,
(d)

Deterministic in nature.
Answer:

Option (d)

18.

When the game is played on a predetermined course of action, which does not change throughout the game, then the game is said to be

 

(a)

Pure strategy game
(b)

Fair strategy game
(c)

Mixed strategy game
(d)

Unsteady game
Answer:

Option (a)

19.

If the losses of player A are the gins of the player B, then the game is known as

(a)

Fair game
(b)

Unfair game
(c)

Non- a zero-sum game
(d)

Zero-sum game
Answer:

Option (d)

20.

Identify the wrong statement:

(a)

A game without saddle point is probabilistic
(b)

Game with saddle point will have pure strategies
(c)

Game with saddle point cannot be solved by dominance rule
(d)

Game without saddle point uses mixed strategies
Answer:

Option (c)

Showing 11 to 20 out of 38 Questions
1 2 3 4