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02 - Comprehension questions for Game Theory I
Please answer these questions concisely (1-2 sentences each).
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Explain the "dilemma" aspect of the Prisoner's Dilemma game.
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Explain by using the concept of "Pareto Optimality".
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Explain why there is no pure-strategy Nash Equilibrium in the Matching Pennis game.
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Give an example of a zero-sum game in real life.
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What do you see as the biggest problem of game theory?
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Which (sub-)section in the readings did you find difficult and/or did you not fully understand and/or would you like see covered in the lecture in detail. Be as specific as you like.
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