Game Theory & Strategic Interactions [Econ 013]

Welcome to Prime Academy

BA Economics (H) Semester V

Game Theory & Strategic Interactions ( ECON - 013 )

Join Best Online Coaching for Game Theory & Strategic Interactions (Econ – 013) for BA Economics (H) Semester V, Delhi University 2026 at Prime Academy under the guidance of our highly experieced teacher Mr. Dheeraj Suri, (an expert faculty teaching Economics for over 25 years).

To get access of our Online Coaching Program for Game Theory & Strategic Interactions (ECON – 013) for BA Economics (H) Semester V, Delhi University 2026, you need to Subscribe our course. 

If you are not registered at our website then Register Here.

(After Registration Inform us at +91 9899 192027 to get the access)

If you are already registered & have got the access then LOGIN Here to start studying

The Game Theory & Strategic Interactions ( ECON – o13 ) Course for BA Economics (H) Semester V, Delhi University, has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The duration of video lectures is approximately 55 Hours.

  • 💻🎥   Full Course Video Lectures : Unlock the ultimate learning experience with our Full Course Video Lectures that explain every concept clearly and in depth. Our video lectures cover everything

       ✅  All theory portions explained in detail
       ✅  Complete solutions for end-of-chapter questions
       ✅  Fully solved previous year papers
       ✅  A huge collection of numerical problems for thorough practice

  • 📚   PDF Notes : You’ll also get Complete Study Material (PDF Notes) packed with:

       ✅  Key concepts explained in simple language

       ✅  Previous Year Questions from Last 20 Year Papers

       ✅  Practice Numericals & MCQs

       ✅  A curated list of Important Questions for your exams

  • ✍🏻  Live Online Classes : Stay on top of your preparation with Live Online Doubt-Solving Sessions with expert faculty at least twice a week, ensuring you never stay stuck.

  • ✏️📖   Online Discussion Forum : Engage with peers and mentors in our Online Discussion Forum — post queries, share ideas, and learn together.

  • 📝  Mock Test : Test yourself with Regular Mock Tests hosted right on our website to track your progress and improve consistently.

  • ✍🏻Comprehensive Coverage of Syllabus and Exam Oriented Preparation 

🎯  This online coaching platform aims to provide a supportive and engaging learning environment for students to achieve academic success and excel in their Economics (Honours) program.

Recomended Readings

1. Osborne, M. (2004): An Introduction to Game Theory (Indian Edition)

2. Watson, J. (2013): Strategy: An Introduction to Game Theory, 3rd edition.

Game Theory & Strategic Interactions (Econ – 013) Introduction Video

Chapter 0 : Game Theory Introduction

Lecture 1 : Game Theory Introduction

Lecture 2 : Game Theory Introduction

Chapter 1 : Nash Equilibrium, Based on Ch 2 Osborne

Lecture 1 : Strategic Game & Nash Equilibrium

Lecture 2 : Questions on Prisoner’s Dilemma

Lecture 3 : Altruistic Preferences

Lecture 4 : Battle of Sexes

Lecture 5 : Games with Conflict

Previous Year Questions (PYQ’s)

PYQ 2024 Q1

PYQ 2024 Q2

 These Lectures are only for Demo

For Complete Course Video Lectures you need to Subscribe Our Course

Contact us at +91 9899 192027 for details

 These PDF Notes are only for Demo

For Complete Course PDF Notes you need to Subscribe Our Course

Contact us at +91 9899 192027 for details

0%
0 votes, 0 avg
6

Time Allowed for this Test is 10 Minutes

Time Allowed for this test has Lapsed


Created by Dheeraj Suriadmin

Game Theory Test #1

1. Please Read the Questions and all the options Carefully, Before Selecting Your Choice.
2. You are not Allowed to edit your answers after submission.
3. The Paper has ten Questions
4. Time Allowed is 10 Minutes.
5. It is necessary to enter your valid Email id to attempt this test.

 

To Get Full Course Video Lectures of Game Theory Please Whatsapp Your Details at
+91 9899 192027
www.primeacademy.in

Pleas Enter Your details

1 / 10

Suppose three players, 1, 2 and 3, use the following procedure to allocate 9 indivisible coins. Player 1 proposes an allocation (x1, x2, x3) where xi is the number of coins given to player i. Players 2 and 3 vote on the proposal, saying either Y (Yes) or N (No). If there are two Y votes, then the proposed allocation is implemented. If there are two N votes, the proposal is rejected. If there is one Y vote  and one N vote, then player 1 gets to vote Y or N. Now, the proposal is accepted if there are two Y votes and rejected if there are two N votes.
If 1’s proposal is rejected, then 2 makes a proposal. Now, only 3 votes Y or N. If 3 votes Y, then 2’s proposal is accepted. If 3 votes N, then the proposal is rejected and the allocation (3, 3, 3) is  implemented.
Assume that, if the expected allocation to be received by a particular player by voting Y or N is identical, then the player votes N.

1’s proposal will be

2 / 10

Suppose three players, 1, 2 and 3, use the following procedure to allocate 9 indivisible coins. Player 1 proposes an allocation (x1, x2, x3) where xi is the number of coins given to player i. Players 2 and 3 vote on the proposal, saying either Y (Yes) or N (No). If there are two Y votes, then the proposed allocation is implemented. If there are two N votes, the proposal is rejected. If there is one Y vote  and one N vote, then player 1 gets to vote Y or N. Now, the proposal is accepted if there are two Y votes and rejected if there are two N votes.
If 1’s proposal is rejected, then 2 makes a proposal. Now, only 3 votes Y or N. If 3 votes Y, then 2’s proposal is accepted. If 3 votes N, then the proposal is rejected and the allocation (3, 3, 3) is  implemented.
Assume that, if the expected allocation to be received by a particular player by voting Y or N is identical, then the player votes N.

If 1’s proposal is rejected and 2 gets to make a proposal, her proposal will be

3 / 10

Firm 1 is the potential entrant into a market in which Firm 2 is the incumbent monopolist. Firm 1 moves first and chooses to "Enter" or "Not Enter". If it does "not enter", then Firm 1 gets profit 0 and Firm 2 gets the monopoly profit 10. If Firm 1 "Enters", then Firm 2 chooses to "Fight" or "Not Fight". If Firm 2 "fights" the Firm 1's profit is -2 and Firm 2's profit is 6. If Firm 2 does "not fight", then Firm 1's profit is 2 and Firm 2's profit is 8. Firm 2's strategy of "Fight" can be best interpreted as 

4 / 10

Consider the following two games

Game 1:                                                         Game 2 :

                                Hawk                                                                 Hawk           Dove

Enter                    (-1, 1)                               Enter                        (-1, 1)            (3, 3)

Not Enter           (0, 6)                                Not Enter               (0, 6)             (0, 7)

In every Payoff pair "x, y", x is the payoff of row player and y is the payoff of column player. Analyse these games. These games illustrate that , in a strategic situation

5 / 10

Consider the following game:

             L                  R

T        (x, x)        (b, y)

B        (y, b)        (a, a)

Which of the following statements is true when y > x > a > b?

6 / 10

Consider the following game with players 1 and 2; payoffs are denoted by (a, b) where a is 1’s payoff and b is 2’s payoff. First, player 1 chooses either U or D. If she plays D, then the game ends and the payoff are (1, 0). If she plays U, then player 2 chooses either U or D. If he plays D, then the game ends and the payoffs are (0, 2). If he plays U, then player 1 again chooses either U or D. The game ends in both cases. If player 1 chooses D, then the payoffs are (4, 0). If player 1 chooses U, then the payoffs are (3, 3). 

7 / 10

Sania and Saina are bargaining over how to split 10 Rupees. Both claimants simultaneously name shares they would like to have, s1 and s2, where 0 ≤ s1, s2 ≤ 10. If s1 + s2 ≤ 10 then the claimants receive the shares they named; otherwise both receive zero. Find all pure strategy Nash equilibria of this game

8 / 10

Consider the following game. Player 1 moves first and chooses L or R. If she plays R, the game ends and the payoffs are (10, 0). If she plays L, then player 2 moves and chooses either L or R. If he plays R, the game ends and the payoffs are (0, 20). If he plays L, then player 1 moves and chooses L or R. The game ends in both cases. If player 1 chooses L, then the payoffs are (30, 30). If she plays R, then the payoffs are (40, 0). This game

9 / 10

Consider the Game

               L          M         R

U        2, 0      3, 3     0, 0

M        1, -1     0, 0     1, 0

D        4, -4     2, 2     1, 1

where the row's player's payoff is given first, followed by the column player's payoff. which of the following statement's is false

10 / 10

Consider the game

 

U          x, x          z, y

D          y, z          y, y

where the row player's payoff is given first, followed by the column player's payoff. This game has only one Nash equilibrium when

Your score is

The average score is 32%

0%

Please rate this quiz

 These Mock Tests are only for Demo

For Complete Course Mock Test Series you need to Subscribe Our Course

Contact us at +91 9899 192027 for details

Question Paper will be of 90 Marks

All Units Carry Equal Weightage

Unit I : 20%

Unit II : 20%

Unit III : 20%

Unit IV : 20%

Unit V : 20%

Course Fee is Rs. 9,000 per subject

Upon receipt of Course Fee, we will activate your account on our website.

Once you get Access you need to login and download our APP and all the lectures from your login account and play in your device.

Access of Video Lectures is provided on any one of the following devices :

Windows Computer or Laptop or,

Android Phone or Tablet or,

Apple Iphone or Ipad or,

Apple Macbook

Till end of Semester V Exams

Course Content of our Video Lectures

Lectures are Strictly as per Latest Syllabus for UGCF

Chapter 0 : Game Theory Introduction

Number Video Lectures : 2

Duration of Video Lectures : 90 Minutes

Topics Covered

Game Theory Introduction,

Key Terminologies ,

Types of Games,

Representation of Games,

Nash Equilibrium,

Unit I : Complete Information Simultaneous Move Game

Chapter 1 : Nash Equilibria

Number Video Lectures : 11

Duration of Video Lectures : 500 Minutes

Based Upon Chapter 2 Osborne

Topics Covered

►1.1 Prisoners Dilemma 01:06:01

►1.2 Prisoners Dilemma Examples 00:41:23

►1.3 Altruistic Preferences 00:25:21

►1.4 Bach or Stravinsky 00:53:40

►1.5 Games with Conflict 00:10:46

►1.6 Games without Conflict 00:54:43

►1.7 Nash Equilibrium 01:15:40

►1.8 Nash Equilibrium 00:41:45

►1.9 Strict Equilibria 00:25:10

►1.10 Contribution to Public Good 00:44:23

►1.11 Dominated Actions 00:16:55

Chapter 2 : Mixed Strategies

Number Video Lectures : 7

Duration of Video Lectures : 208 Minutes

Based Upon Chapter 4 & Chapter 11 Watson

Topics Covered

Notion of Mixed Strategy,

Mixed Strategy Nash Equilibrium ,

Duopoly with Capacity Constraints,

Unit II : Complete Information Extensive Form Game

Chapter 3 : Extensive Games with Perfect Information

Number Video Lectures : 7

Duration of Video Lectures : 217 Minutes

Based Upon Chapter 5 Osborne

Topics Covered

Extensive Games with Perfect Information,

Entry Game, Backward Induction Method,

Strategies & Outcomes,

Nash Equilibrium of Extensive Game with Perfect Information,

Subgame Perfect Equilibrium,

Dominated Actions,

Unit III : Topics from Industrial Organization

Chapter 4 : Nash Equilibrium Illustrations

Number Video Lectures : 21

Duration of Video Lectures : 651 Minutes

Based Upon Chapter 3 & Chapter 6 Osborne

Topics Covered

Meaning of Oligopoly & Duopoly,

Cournot’s Model of Oligopoly,

Bertrand Model of Oligopoly,

Electoral Competition, Hotelling’s Model of Electoral Competition,

Auctions,

The Ultimatum Game,

Stackelberg’s Model of Duopoly,

Unit IV : Incomplete Information

Chapter 5 : Random Events & Incomplete Information

Number Video Lectures : 5

Duration of Video Lectures : 100 Minutes

Based Upon Chapter 24 Watson

Topics Covered

Random Events,

A Game of Incomplete Information ,

Extensive Form & Normal Form Representations,

Chapter 6 : Risk and Incentives

Number Video Lectures : 6

Duration of Video Lectures : 151 Minutes

Based Upon Chapter 25 Watson

Topics Covered

Risk Aversion,

Utility Function & Risk Premium,

Arrow Pratt Measure of Relative Risk Aversion,

A Principal-Agent Game,

Chapter 7 : Bayesian Rationalizability

Number Video Lectures : 5

Duration of Video Lectures : 140 Minutes

Based Upon Chapter 26 Watson

Topics Covered

Bayesian Nash Equilibrium,

Bayesian Ratinalizability,

Chapter 8 : Lemons, Auctions & Information Aggregation

Number Video Lectures : 5

Duration of Video Lectures : 90 Minutes

Based Upon Chapter 27 Watson

Topics Covered

Markets and Lemons,

Auctions,

Unit V : Communicating Information

Chapter 9 : Perfect Bayesian Equilibrium

Number Video Lectures : 5

Duration of Video Lectures : 117 Minutes

Based Upon Chapter 28 Watson

Topics Covered

Conditional Beliefs about Types,

Sequantial Rationality,

Consistency of Beliefs,

Chapter 10 : Job Market Signalling & Reputation

Number Video Lectures : 2

Duration of Video Lectures : 60 Minutes

Based Upon Chapter 29 Watson

Topics Covered

Jobs & School,

Perfect Bayseian Equilibrium,

Quick Links for BA Economics (Hons) Semester V Subjects

Generic Elective Subjects

GE : Principles of Microeconomics – I

GE : Theory of Public Finance

GE : Money & Banking

GE : Introduction to Comparative Economic Development