Questions & Answers
Browse all 15 questions from the
History of Game Theory study set below.
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1
Which mathematician published 'Theory of Games and Economic Behavior' in 1944, effectively launching game theory as a distinct field?
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A
John von Neumann and Oskar Morgenstern
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B
John Nash and Albert W. Tucker
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C
Kenneth Arrow and Gerard Debreu
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D
Herbert Simon and James March
2
In 1950, who proposed the famous 'Prisoner's Dilemma' thought experiment while working at the RAND Corporation?
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A
Merrill Flood and Melvin Dresher
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B
John Nash
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C
Thomas Schelling
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D
Robert Aumann
3
John Nash was awarded the Nobel Memorial Prize in Economic Sciences in 1994, primarily for his work on which concept?
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A
The Nash Equilibrium
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B
Bargaining Theory
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C
Cooperative Games
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D
Zero-sum Games
4
During the Cold War, which organization heavily funded game theory research to model nuclear deterrence and strategic military decision-making?
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A
The RAND Corporation
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B
The International Monetary Fund
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C
The United Nations
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D
The World Bank
5
Which 1838 work by Antoine Augustin Cournot is considered an early precursor to game theory, focusing on competition between firms?
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A
Researches into the Mathematical Principles of the Theory of Wealth
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B
The Wealth of Nations
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C
Principles of Economics
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D
Capital
6
What concept, introduced by Lloyd Shapley in 1953, provides a solution for distributing the total surplus generated by the cooperation of several players?
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A
The Shapley Value
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B
The Core
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C
The Nucleolus
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D
The Bargaining Set
7
In 1913, which mathematician published a paper on the game of poker that contained the first formalization of a minimax theorem?
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A
Ernst Zermelo
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B
Émile Borel
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C
John von Neumann
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D
James Waldegrave
8
Which game theory concept describes a situation where no player can benefit by changing their strategy while the other players keep theirs unchanged?
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A
Nash Equilibrium
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B
Pareto Efficiency
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C
Dominant Strategy
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D
Zero-sum outcome
9
In 1928, John von Neumann proved the Minimax Theorem, which fundamentally established the existence of an optimal strategy for which type of games?
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A
Zero-sum, two-person games
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B
Non-cooperative games
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C
Infinite games
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D
Imperfect information games
10
Who is credited with introducing the concept of 'Evolutionary Stable Strategy' (ESS) in 1973?
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A
John Maynard Smith
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B
George Price
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C
Robert Trivers
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D
Richard Dawkins
11
The 'Ultimatum Game' was first introduced in 1982 by a team of researchers led by which economist?
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A
Werner Güth
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B
Daniel Kahneman
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C
Amos Tversky
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D
Richard Thaler
12
Before game theory was formalized, who proved in 1913 that games of perfect information (like chess) have a deterministic outcome?
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A
Ernst Zermelo
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B
David Hilbert
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C
Henri Poincaré
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D
Bertrand Russell
13
In his 1960 book 'The Strategy of Conflict', which author applied game theory to international relations and nuclear diplomacy?
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A
Thomas Schelling
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B
Henry Kissinger
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C
Kenneth Waltz
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D
Hans Morgenthau
14
Which type of game involves players who must make decisions simultaneously without knowing the other player's move?
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A
Normal-form game
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B
Extensive-form game
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C
Cooperative game
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D
Stochastic game
15
Robert Aumann shared the 2005 Nobel Memorial Prize in Economic Sciences for his work on which aspect of game theory?
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A
Repeated games
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B
Mechanism design
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C
Auction theory
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D
Social choice theory
