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Questions › IIT JAM › IIT JAM 2024 › Q23
2 marks, −0.667Game Theory › Game theory and strategic behaviour › Pure-strategy Nash equilibriumModerateabout 2 min

IIT JAM 2024 Question 23: Game theory and strategic behaviour

In a two-player game with 0<c<10 < c < 10<c<1, player 1 chooses U or D and player 2 chooses L or R. The payoff matrix is UUU: (0,0),(0,−c)(0,0),(0,-c)(0,0),(0,−c) and DDD: (−c,0),(1−c,1−c)(-c,0),(1-c,1-c)(−c,0),(1−c,1−c) across columns L,RL, RL,R. Then the number of pure strategy Nash Equilibria in the game equals

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In a two-player game with 0 < c < 1, player 1 chooses U or D and player 2 chooses L or R. The payoff matrix is U: (0,0),(0,-c) and D: (-c,0),(1-c,1-c) across columns L, R. Then the number of pure strategy Nash Equilibria in the game equals (A) 1 (B) 2 (C) 3 (D) 4

Game theory and strategic behaviour has come up 61 times in 6 exams since 2008.

What this question tests

This question is on Pure-strategy Nash equilibrium, part of Game theory and strategic behaviour in Game Theory.

Outcomes from which no player wants to deviate, and classic games that illustrate them.

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