Dominance and mixed strategies Quiz
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5 questions, one answer each
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1. Row 1 is and row 2 is . Which statement is true?
- A. Row 1 dominates row 2
- B. Row 2 dominates row 1
- C. Neither dominates
- D. Row 1 is dominated only in column 2
2. Column 1 is and column 2 is . Which column does Colin never play?
- A. Column 1
- B. Neither
- C. Column 2
- D. Both
3. Rowan plays row 1 with probability . His pay-offs against Colin's two columns are and . What is the optimal ?
- A.
- B.
- C.
- D.
4. In the graphical method for Rowan, which point is chosen?
- A. The lowest point of the upper boundary
- B. The highest point of the lower boundary
- C. The intersection of the two steepest lines
- D. The point where
5. At the optimal , a third line lies above the intersection of the other two. What does this show?
- A. Rowan should never play row 1
- B. The game is stable
- C. The value is the third line's height
- D. Colin never plays that column