Solved by verified expert :42) A game in which the players neither negotiate nor coordinate in
any way is a A) cooperative game.
B) noncooperative game. C)
zero-sum game.
D) negative-sum game.
43) An example of a zero-sum game is
A) exchange.
B) a consumer purchasing a used car from a used car dealer.
C) the prisoners’ dilemma.
D) poker.
44) A game in which any gains within the group are exactly offset by
equal losses by the end of the game is a
A) positive-sum game. B) zero-sum game. C) strategy.
D) negative-sum game.
45) Any rule that is used to make a choice is
A) positive-sum game.
B) zero-sum game.
C) strategy.
D) negative-sum game.
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46) Your teacher decides to play a game where every student must
contribute a dollar. All money collected is distributed at the end of the game
among the students. This is an example of a
A) positive-sum game. B) zero-sum game. C) strategy.
D) negative-sum game.
47) A dominant strategy is one that
A) yields a position of the winner so long as the other participants
act as planned.
B) every participant in the game will follow.
C) turns a negative-sum game into a positive-sum game.
D) always yields the highest benefit regardless of what the other
players do.
48) Actions that ignore the possible long-run benefits of cooperation
and focus solely on short-run gains are
A) a zero-sum game.
B) a negative-sum game.
C) tit-for-tat strategic behavior. D) opportunistic behavior.
49) Cooperation that continues as long as the players continue to
cooperate is
A) a zero-sum game.
B) a negative-sum game.
C) tit-for-tat strategic behavior.
D) opportunistic behavior.
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50) People do not usually behave in a noncooperative fashion even when
it is in their immediate interest to do so because
A) they realize such
behavior is immoral. B) they know there can be 2 winners.
C) they know they will have
repeated dealings with the other people. D) they understand the difficulties
with game theory.
51) When oligopolistic companies engage in collusion, the companies
are involved in a
A) noncooperative game.
B) negative-sum game.
C) competitive game.
D) cooperative game.
