Question
Two people enter a bus. Two adjacent cramped seats are
free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sitting next to the other person, which is more comfortable than standing. Suppose that each person cares only about her own comfort. Model the situation as a strategic game. Find its Nash equilibrium (equilibria?).Solution
There exist only one pure strategy Nash equilibrium (sit, sit) and the argument is same as that of Prisoner’s Dilemma discussed in theory.
In the following question, four number pairs are given. In each pair the number on left side of (-) is related to the number of the right side of (-) wi...
Select the option that is related to fifth term in the same way as the second term is related to the first term and the fourth term is related to the t...
Select the option that is related to the third number in the same way as the second number is related to the first number and the sixth number is relate...
Select the option in which the numbers are NOT related in the same way as are the numbers of the following set.
(21, 15, 72)
Study the given pattern carefully and select the number that can replace the question mark (?) in it.
(8, 4, 94)
(4, 9, 106)
(12, 1...
Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
...If 23 @ 18 = 9 and 29 @ 24 = 21', then 24 @ 19 = ?'. What will come in place of question mark?
- Select the option that is related to the third word in the same way as the second word is related to the first word.
Rigid: Flexible :: Transparent: ? Canberra : Australia :: Ottawa : ?
Select the option that is related to the third term in the same way as the second term is related to first term and the sixth term is related to the fi...
