Game Theory Overview Quiz

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Questions and Answers

In which field is game theory extensively used?

  • Economics (correct)
  • Astronomy
  • Biology
  • Geology

What type of games did traditional game theory address?

  • Two-person zero-sum games (correct)
  • Cooperative games
  • Single-player games
  • Multi-player non-zero-sum games

Who provided the original proof for mixed-strategy equilibria in two-person zero-sum games?

  • Brouwer
  • Morgenstern and Brouwer
  • Oskar Morgenstern
  • John von Neumann (correct)

What mathematical concept did John von Neumann's original proof use?

<p>Brouwer fixed-point theorem (A)</p> Signup and view all the answers

What did the second edition of 'Theory of Games and Economic Behavior' by John von Neumann and Oskar Morgenstern provide an axiomatic theory of?

<p>Expected utility (D)</p> Signup and view all the answers

Which theorem became a standard method in game theory and mathematical economics due to John von Neumann's original proof?

<p>Brouwer fixed-point theorem (D)</p> Signup and view all the answers

Who was awarded the Crafoord Prize for his application of evolutionary game theory in 1999?

<p>John Maynard Smith (B)</p> Signup and view all the answers

In which year did Pascal and Huygens develop the concept of expectation on reasoning about the structure of games of chance?

<p>1650s (D)</p> Signup and view all the answers

Who published De ratiociniis in ludo aleæ (On Reasoning in Games of Chance) in 1657?

<p>Huygens (D)</p> Signup and view all the answers

In which publication did Antoine Augustin Cournot present a solution that is the Nash equilibrium of the game?

<p>Recherches sur les principes mathématiques de la théorie des richesses (B)</p> Signup and view all the answers

Who proved that the optimal chess strategy is strictly determined?

<p>Ernst Zermelo (C)</p> Signup and view all the answers

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