Economics · Game Theory
Match List I with List II: List I: a. Tit-for-tat b. Nash Equilibrium c. Mixed Strategy d. Dominant strategy List II: 1. Randomized choices over pure strategies 2. The optimal strategy for a player regardless of what the other player does 3. A situation where each player chooses their best strategy given the strategy chosen by the other 4. A successful strategy in repeated prisoner's dilemma games
- 1a-1, b-3, c-2, d-4
- 2a-4, b-3, c-1, d-2✓
- 3a-4, b-1, c-3, d-2
- 4a-4, b-3, c-2, d-1
Correct answer
a-4, b-3, c-1, d-2
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