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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 13 The Dollar Auction.

Multiple Choice Questions

1. What posed a problem for the prisoner's dilemma in Chapter 12?
(a) Evolutionary game theory.
(b) Economic exchange.
(c) Backwards induction.
(d) Madman's strategy.

2. In Chapter 1, as time runs out for the loved ones, each in a separate room what will each be tempted to do?
(a) Quit.
(b) Beg for more time.
(c) Wait it out.
(d) Push the button.

3. Who played an unintentional role in resolution of the public nuclear game of chicken?
(a) Nash.
(b) Russell.
(c) Godel.
(d) von Neumann.

4. Which game is like a military confrontation where one party "beats up" on the opposing party, but runs the risk of having that opposing party decide it is better to retaliate?
(a) Deadlock.
(b) Chicken.
(c) Bully.
(d) Kriegspiel.

5. In Chapter 6 one of von Neumann's RAND colleagues in the 1950s was mentioned as whom?
(a) Merrill Flood.
(b) David Hilbert.
(c) Kurt Godel.
(d) John Nash.

Short Answer Questions

1. In the 1950s and 1960s many viewed international conflict, and specifically ____ as a kind of prisoner's dilemma.

2. In the face of major criticism game theory research shifted from a pure math focus to what?

3. After WWI what did the U.S. push to develop in the hopes of gaining an edge over the Soviet Union?

4. RAND developed a nuclear fail safe strategy that held that a good second strike capability deterred a first strike by ensuring that the U.S. had plenty of what available?

5. As mentioned in Chapter 6, which two colleagues agreed to play the experimental prisoner's dilemmas?

(see the answer key)

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