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Game Theory and Strategy · Quiz 2 · Sep 2025

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Questions and published explanations below are available without starting a test. Some questions may not have a published solution yet.

Question 313 MCQ · 2.0 marks

FoodFleet: A food-delivery startup’s customer journey map (CJM) shows “emotional valleys” around order delays and unclear driver updates. [FoodFleet] The next logical step in the KDT process is to: Answer the question based on the scenario given:
  1. Conduct silent brainstorming to interpret emotional valleys
  2. Cluster the identified valleys into problem themes
  3. Simplify the CJM to avoid focusing on valley moments
  4. Directly move to define desired results (ENV model)       **Game Theory and Strategy** **Section Id :** 640653121920 **Section Number :** 15 **Section type :** Online **Mandatory or Optional :** Mandatory **Number of Questions :** 6 **Number of Questions to be attempted :** 6 **Section Marks :** 25 **Display Number Panel :** Yes **Section Negative Marks :** 0 **Group All Questions :** No **Enable Mark as Answered Mark for Review and** No **Clear Response :** **Section Maximum Duration :** 0 **Section Minimum Duration :** 0 **Section Time In :** Minutes **Maximum Instruction Time :** 0

A published solution is not available for this question yet.

Question 315 MCQ · 1.0 marks

Consider the example of cascade discussed in the lecture but with a modification that now the urn is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability. That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We assume everyone hears what the previous individuals report and get their own private signal by randomly drawing one ball from the urn. Based on the data,answer the given subquestions
Suppose one ball is picked from the red majority urn. What is the probability that the ball is blue?
  1. 1/4
  2. 3/4
  3. 1/5
  4. 3/5

A published solution is not available for this question yet.

Question 316 MCQ · 2.0 marks

Consider the example of cascade discussed in the lecture but with a modification that now the urn is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability. That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We assume everyone hears what the previous individuals report and get their own private signal by randomly drawing one ball from the urn. Based on the data,answer the given subquestions
What is the probability that the urn is red-majority if the first student draws a red ball?
  1. 2/5
  2. 3/5
  3. 3/4
  4. 1/4

A published solution is not available for this question yet.

Question 317 MCQ · 1.0 marks

Consider the example of cascade discussed in the lecture but with a modification that now the urn is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability. That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We assume everyone hears what the previous individuals report and get their own private signal by randomly drawing one ball from the urn. Based on the data,answer the given subquestions
Should the first student guess the urn to be blue majority (in continuation to the previous question)?
  1. Yes
  2. No

A published solution is not available for this question yet.

Question 318 MCQ · 1.0 marks

Consider the example of cascade discussed in the lecture but with a modification that now the urn is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability. That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We assume everyone hears what the previous individuals report and get their own private signal by randomly drawing one ball from the urn. Based on the data,answer the given subquestions
Now suppose, first three students draw the ball in the sequence (Red, Red, Blue). What is the probability of getting this sequence if the urn is a blue-majority urn?
  1. 3/64
  2. 9/64
  3. 3/16
  4. 9/16

A published solution is not available for this question yet.

Question 319 MCQ · 1.0 marks

Consider the example of cascade discussed in the lecture but with a modification that now the urn is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability. That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We assume everyone hears what the previous individuals report and get their own private signal by randomly drawing one ball from the urn. Based on the data,answer the given subquestions
Now suppose, first three students draw the ball in the sequence (Red, Red, Blue). What is the probability of getting this sequence if the urn is a red-majority urn?
  1. 3/64
  2. 9/64
  3. 3/16
  4. 9/16

A published solution is not available for this question yet.

Question 320 MCQ · 1.0 marks

Consider the example of cascade discussed in the lecture but with a modification that now the urn is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability. That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We assume everyone hears what the previous individuals report and get their own private signal by randomly drawing one ball from the urn. Based on the data,answer the given subquestions
Now suppose, first three students draw the ball in the sequence (Red, Red, Blue). What is the total probability of getting this sequence?
  1. 3/16
  2. 9/32
  3. 9/16
  4. 3/32

A published solution is not available for this question yet.

Question 321 MCQ · 1.0 marks

Consider the example of cascade discussed in the lecture but with a modification that now the urn is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability. That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We assume everyone hears what the previous individuals report and get their own private signal by randomly drawing one ball from the urn. Based on the data,answer the given subquestions
Now suppose, first three students draw the ball in the sequence (Red, Red, Blue). What is the probability of urn being red-majority in this scenario?
  1. 3/16
  2. 1/4
  3. 3/64
  4. 3/4

A published solution is not available for this question yet.

Question 322 MCQ · 1.0 marks

[[IMAGE:a64b66c273d53655_5_0]] Based on the data,answer the given subquestions
Choose the correct alternative
Source diagram or notation
  1. (Slow, Slow) is an NE
  2. (Slow, Fast) is an NE
  3. Both (Slow, Slow) is an NE & (Slow, Fast) is an NE
  4. None of these

A published solution is not available for this question yet.

Question 323 MCQ · 1.0 marks

[[IMAGE:a64b66c273d53655_5_0]] Based on the data,answer the given subquestions
ESS in this game is
Source diagram or notation
  1. Slow
  2. Fast
  3. Both Slow & Fast
  4. None of these

A published solution is not available for this question yet.

Question 324 SHORT_TEXT · 1.0 marks

[[IMAGE:a64b66c273d53655_6_1]] In a stable matching when men propose to women, answer is case sensitive Based on the data,answer the given subquestions
A will be matched with ________________
Source diagram or notation

    A published solution is not available for this question yet.

    Question 325 SHORT_TEXT · 1.0 marks

    [[IMAGE:a64b66c273d53655_6_1]] In a stable matching when men propose to women, answer is case sensitive Based on the data,answer the given subquestions
    B will be matched with ________________
    Source diagram or notation

      A published solution is not available for this question yet.

      Question 326 SHORT_TEXT · 1.0 marks

      [[IMAGE:a64b66c273d53655_6_1]] In a stable matching when men propose to women, answer is case sensitive Based on the data,answer the given subquestions
      C will be matched with ________________
      Source diagram or notation

        A published solution is not available for this question yet.

        Question 327 SHORT_TEXT · 1.0 marks

        [[IMAGE:a64b66c273d53655_6_1]] In a stable matching when men propose to women, answer is case sensitive Based on the data,answer the given subquestions
        D will be matched with ________________
        Source diagram or notation

          A published solution is not available for this question yet.

          Question 328 NAT · 0.5 marks

          [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
          Find out the value of a = ___________
          Source diagram or notation

            A published solution is not available for this question yet.

            Question 329 NAT · 0.5 marks

            [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
            Find out the value of b = ___________
            Source diagram or notation

              A published solution is not available for this question yet.

              Question 330 NAT · 0.5 marks

              [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
              Find out the value of c = ____________
              Source diagram or notation

                A published solution is not available for this question yet.

                Question 331 NAT · 0.5 marks

                [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
                Find out the value of d = ___________
                Source diagram or notation

                  A published solution is not available for this question yet.

                  Question 332 NAT · 0.5 marks

                  [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
                  Find out the value of p = ___________
                  Source diagram or notation

                    A published solution is not available for this question yet.

                    Question 333 NAT · 0.5 marks

                    [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
                    Find out the value of q = ___________
                    Source diagram or notation

                      A published solution is not available for this question yet.

                      Question 334 NAT · 0.5 marks

                      [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
                      Find out the value of r = ___________
                      Source diagram or notation

                        A published solution is not available for this question yet.

                        Question 335 NAT · 0.5 marks

                        [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
                        Find out the value of t = ____________
                        Source diagram or notation

                          A published solution is not available for this question yet.

                          Question 336 MCQ · 2.0 marks

                          [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
                          What is the Bayesian Nash equilibrium Strategy of player 1 in this game?
                          Source diagram or notation
                          1. B
                          2. S
                          3. Either of the two
                          4. None of the two

                          A published solution is not available for this question yet.

                          Question 337 MCQ · 2.0 marks

                          [[IMAGE:a64b66c273d53655_8_2]] Based on the data,answer the given subquestions
                          What is the Bayesian Nash equilibrium Strategy of both types of player 2 in this game?
                          Source diagram or notation
                          1. (S, B)
                          2. (B, S)
                          3. (S, S)
                          4. (B, B)

                          A published solution is not available for this question yet.

                          Question 338 MCQ · 1.0 marks

                          [[IMAGE:a64b66c273d53655_11_3]]
                          Unique NE of this game is
                          Source diagram or notation
                          1. (Defect, Defect)
                          2. (Cooperate, Cooperate)
                          3. Both (Defect, Defect) & (Cooperate, Cooperate)
                          4. None of these

                          A published solution is not available for this question yet.

                          Question 339 MCQ · 2.0 marks

                          [[IMAGE:a64b66c273d53655_11_3]]
                          Suppose, this game is repeatedly played finite times
                          Source diagram or notation
                          1. In the Last Period Cooperate is a dominant strategy irrespective of history of the game
                          2. In the Last Period Defect is a dominant strategy irrespective of history of the game
                          3. In the Last Period Cooperate is a dominant strategy for a particular game history
                          4. In the Last Period Defect is a dominant strategy for a particular game history

                          A published solution is not available for this question yet.