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 (stand, stand) and the argument is same as that of Prisoner’s Dilemma discussed in theory.
Article 243-I of the Constitution mandates setting up of the State Finance Commission (SFC) every _________ years.
Which of the following is the Implementing Agency of UJALA Scheme?
The PM Vishwakarma scheme also includes a dedicated portal for:
Jal Jivan Mission started in the year 2019-20 and targeted with providing tap water connection by the year____?
As per the Economic Survey 2023-24, what is the main challenge in promoting the summer cultivation of urad and moong?
Which of the following is a qualitative control measure of credit control by RBI?
Which of the following Statements about the Government Securities is/are True?
I- They are less likely to be defaulted, as backed by the Sover...
Which of the following is NOT a core focus area of the "Cities as Growth Hubs" initiative within the 2024-25 Union Budget?
Geographical indication (Registration and Protection) Act, ____________ provides legal protection to GIs holder in India.
Which one of the following statements is not true about Conference of the Parties (COP) 26?
