View a FREE sample

This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. When a game does not have a saddle point, what strategy must be used?

2. In the game model prisoner's dilemma who developed the equilibrium solution that undermined rationality in general?

3. During the Cold War "mutually assured ___" was the deterrence doctrine of the time.

4. Before ever making his memorable contribution for the development of game theory von Neumann was already known as the "best ______ in the world."

5. In Chapter 1 if the person in one of the rooms pushes the button before their loved one in another room their loved one will be ____.

Short Essay Questions

1. Who is John Nash?

2. What is game theory according to Chapter 1 of "Prisoner's Dilemma?"

3. What is a minimax solution and saddle points?

4. What was the doctrine of deterrence during the Cold War and what did it mean?

5. What was the Manhattan Project?

6. What was the RAND Corporation?

7. What did Merrill Flood observe and conclude about his RAND colleagues as they left California at the end of summer?

8. How does von Neumann's game theory relate to economics?

9. What is Kriegspiel?

10. How did the Nash equilibrium strategy affect the prisoner's dilemma game model?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Chapter 11 details more social dilemmas and outlines differences in two classes of games - symmetric and asymmetric. What is the difference between symmetric and asymmetric games? What are examples of both? How do you play a game of Bully and how is this game a model for human conflict?

Essay Topic 2

Why are Prisoner's Dilemma, Chicken, Deadlock, and Stag Hunt, all called social dilemmas? Why is the prisoner's dilemma considered the center of gravity for the other three games in relation to pay offs? Be sure to include how switching two of the pay offs in the order of preference helps derive each of the three games from the prisoner's dilemma.

Essay Topic 3

In regards to the Flood-Dresher experiment the author tells a story about honor among thieves to explain the prisoner's dilemma that was first discussed in a paper authored by Flood. What was the original Flood-Dresher experiment like? What are some inherent problems with this dilemma? How can they be resolved for the best possible outcome for each player? What is the worst possible outcome for each player in this game model?

(see the answer keys)

This section contains 844 words (approx. 3 pages at 300 words per page) View a FREE sample