Question

One of the assumptions in the game theory is:

• A. All players act rotationally and intelligently
• B. Winner alone acts rationally
• C. Loser acts intelligently
• D. Both the players believe in luck

Answer 1

Answer:

A. All players act rotationally and intelligently

Game theory assumes that all players behave rationally 2nd intelligently, seeking to maximize their gains and minimize losses with known and fixed payoffs. They are capablen Calculating which actions will maximize their payoffs Flawlessly. Additionally, common knowledge of the rules of the game, including the set of players, strategies, and payoffs, is essential.