Game Theory Trivia
From the Prisoner's Dilemma to the Monty Hall problem, put your rational self-interest to the test and see if you're smart enough to reach a Nash equilibrium.
EXAMPLE QUESTIONS
In labor negotiations, what specific term describes the point where bargaining has stalled and neither side is willing to change their position?
Impasse
In game theory, what common randomizing device is often suggested to help players reach a correlated equilibrium and avoid miscoordination?
A coin flip
Decades before Deep Blue defeated Garry Kasparov, what classic strategy game was featured in the first-ever U.S. Computer Championship in 1970?
Chess
What standard visual tool displays the possible outcomes and payoffs for every combination of strategies chosen by players?
Payoff matrix
What term describes a situation where no player can improve their outcome by changing their strategy alone while others' choices remain constant?
Nash equilibrium