Game Theory: Strategic Interactions

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Questions and Answers

If the frequency of a wave is doubled while its velocity remains constant, what happens to its wavelength?

  • It remains the same.
  • It is doubled.
  • It is quadrupled.
  • It is halved. (correct)

Which of the following best describes a longitudinal wave?

  • A wave in which the particle displacement is perpendicular to the direction of propagation.
  • A wave in which the particle displacement is parallel to the direction of propagation. (correct)
  • A wave that requires a medium to travel.
  • A wave that transfers energy through a vacuum.

What aspect of a sound wave is most directly related to its perceived loudness?

  • Amplitude (correct)
  • Speed
  • Frequency
  • Wavelength

A car is moving towards an observer. How does the perceived frequency of the sound of the car's horn change, and what is this phenomenon called?

<p>Higher frequency, Doppler effect. (C)</p> Signup and view all the answers

What phenomenon explains why a straw appears bent when placed in a glass of water?

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

Which of the following correctly relates voltage, current, and resistance in a circuit, according to Ohm's Law?

<p>Voltage = Current x Resistance (D)</p> Signup and view all the answers

When light strikes a green leaf, why does the leaf appear green?

<p>The leaf absorbs all colors except green, which it reflects. (C)</p> Signup and view all the answers

In a series circuit with multiple resistors, what quantity remains the same across each resistor?

<p>Current (A)</p> Signup and view all the answers

Which of the following applications relies primarily on the phenomenon of reflection?

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

How does increasing the resistance in a circuit affect the current, assuming the voltage remains constant?

<p>The current decreases. (C)</p> Signup and view all the answers

What kind of wave is a sound wave?

<p>Longitudinal Wave (A)</p> Signup and view all the answers

Which property of a wave is defined as the distance between two consecutive crests or troughs?

<p>Wavelength (B)</p> Signup and view all the answers

How does the eye perceive different colors of light?

<p>By varying the frequency/wavelength of the light waves. (B)</p> Signup and view all the answers

What happens to the overall resistance in a parallel circuit when you add more resistors?

<p>The total resistance decreases. (C)</p> Signup and view all the answers

How does the speed of light change when it moves from air into glass?

<p>It decreases. (B)</p> Signup and view all the answers

What is the relationship between pitch and frequency of a sound wave?

<p>Higher frequency corresponds to a higher pitch. (B)</p> Signup and view all the answers

What is the primary function of circuit diagrams?

<p>To provide a visual representation of an electrical circuit. (B)</p> Signup and view all the answers

Which of the following correctly describes the relationship between voltage and current in a purely resistive circuit, given a constant resistance?

<p>As voltage increases, current increases. (D)</p> Signup and view all the answers

In the context of wave properties, what does 'amplitude' refer to?

<p>The maximum displacement of a particle from its rest position. (C)</p> Signup and view all the answers

What is the role of the ear in responding to sound waves?

<p>To detect vibrations and convert them into electrical signals for the brain to interpret. (A)</p> Signup and view all the answers

Flashcards

What are transverse waves?

Waves in which the displacement is perpendicular to the direction of propagation.

What are longitudinal waves?

Waves in which the displacement is parallel to the direction of propagation.

What is wavelength?

The distance between two successive crests or troughs of a wave.

What is frequency?

The number of complete wave cycles that pass a given point per unit of time, usually measured in Hertz (Hz).

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What is amplitude?

The maximum displacement of a wave from its equilibrium position.

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What is the wave equation?

v = λf, relates wave speed (v) to wavelength (λ) and frequency (f).

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What is pitch?

The sensory characteristic of sound that corresponds to the highness or lowness of a tone, determined by the frequency of the sound wave.

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What is loudness?

The subjective perception of sound intensity; the amplitude of the sound wave determines loudness.

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What is the Doppler effect?

The change in frequency of a wave in relation to an observer who is moving relative to the wave source.

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What is absorption?

The process by which energy of a wave is taken up by a medium.

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What is reflection?

The change in direction of a wave at an interface between two different media, returning the wave into the medium from which it originated.

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What is refraction?

The change in direction of a wave as it passes from one medium to another, caused by a change in speed.

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What is a series circuit?

An electrical circuit with only one path for electricity to flow.

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What is a parallel circuit?

An electrical circuit with multiple paths for electricity to flow.

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What is voltage?

The measure of electrical potential difference between two points in a circuit, measured in volts (V).

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What is current?

The rate of flow of electric charge through a circuit, measured in amperes (A).

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What is a circuit diagram?

A visual representation of an electrical circuit using symbols for components.

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What is Ohm's Law?

V = IR, where V is voltage, I is current, and R is resistance.

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Study Notes

  • Game theory involves mathematical models of strategic interactions among rational agents.
  • It is applicable in economics, political science, biology and computer science.

Key Game Theory Concepts

  • Players are the decision-making individuals or entities.
  • Strategies are the actions available to each player.
  • Payoffs are the outcomes or rewards for each player based on chosen strategies.
  • Rationality is the assumption that players maximize their payoffs.

Normal-Form Games

  • Normal form games specify players, strategies, and payoffs.
  • They are typically represented by a payoff matrix.

Prisoner's Dilemma

  • Two suspects are arrested and cannot communicate, offered deals by the police.
  • If one confesses and the other does not, the confessor goes free, and the other gets 10 years in prison.
  • If both confess, they each get 5 years in prison, and if neither confesses, they each get 1 year in prison.

Prisoner's Dilemma Payoff Matrix

Suspect B Confesses Suspect B Stays Silent
Suspect A Confesses (-5, -5) (0, -10)
Suspect A Stays Silent (-10, 0) (-1, -1)
  • The numbers in each cell represent the payoffs (years in prison) for Suspect A and Suspect B, respectively.

Dominant Strategies

  • Yield the highest payoff for a player regardless of other players' strategies.
  • In the Prisoner's Dilemma, confessing is a dominant strategy for both suspects.
  • If Suspect B confesses, Suspect A is better off confessing (-5 years vs. -10 years).
  • If Suspect B stays silent, Suspect A is better off confessing (0 years vs. -1 year).

Nash Equilibrium

  • A set of strategies where no player can improve their payoff by unilaterally changing their strategy.
  • In the Prisoner's Dilemma, the Nash Equilibrium is for both suspects to confess.
  • Given that Suspect B confesses, Suspect A cannot improve their payoff by staying silent.
  • Given that Suspect A confesses, Suspect B cannot improve their payoff by staying silent.

Algorithmic Game Theory (AGT)

  • Combines game theory and computer science .
  • Focuses on solving game-theoretic problems.
  • Analyzing the computational complexity of game-theoretic solution concepts.
  • Understanding the impact of strategic behavior on algorithm performance

Key Areas of AGT

  • Mechanism Design: Designing rules for games to achieve desired outcomes, even when players act strategically.
  • Social Choice Theory: Designing voting systems and other mechanisms for collective decision-making.
  • Equilibrium Computation: Developing algorithms for finding Nash Equilibria and other solution concepts in large games.
  • Price of Anarchy: Quantifying the inefficiency that results from selfish behavior in systems.

Price of Anarchy

  • Measures the degradation of a system's performance due to selfish behavior, defined as the ratio of worst-case social welfare in a Nash Equilibrium to the optimal social welfare. $$ PoA = \frac{\text{Worst-case Social Welfare in Nash Equilibrium}}{\text{Optimal Social Welfare}} $$
  • Traffic routing is an example.
  • The selfish outcome can be worse than the optimal outcome.

AGT Applications

  • Applicable in internet economics, online advertising, social networks, and cloud computing.

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