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.
What order do the majority of stored food grain insect pests belong to?
Which of the following converts the reciprocating motion of the piston into rotary motion of the flywheel?
Deficiency of which vitamin is prominent in those persons who continuously eat ‘polished rice’?
World water day is celebrated on ____ every year.
__________is the fraction of water entering the soil that must pass through the root zone in order to prevent soil salinity from exceeding a specified v...
Parthenium hysterophorus (Congress grass) can be controlled by:
Maximum amount of rice is produced in which state in India?Â
Seed lot certificate colour is:
The cross elasticity of demand between two products is infinite, in case of:
Which of the following statement is incorrect?Â
