Basic Defintions of Game Theory¶

Checkpoint #1: Which of the following situations can be modelled as a game

1. Two student trying to solve an assignment as soon as possible
2. Five students trying to solve their assignment in minimum time
3. A number of students competing for rank 1
4. None of These

Checkpoint #2: Which of the following is not true for a two person zero sum game

1. Sum of their payoff is zero
2. Two teams are playing cricket for fixed amount of money
3. Both players can get non-negative payoff
4. None of these