Quiz Space

Game Theory and Strategy End Term: 13 September 2026 (May 2026 term)

Question 1

+0.5 marksNumerical answer

A market game has two buyers and one seller. Seller 1 has a laptop whose worth for him is $2000 and he offers it for sale. Players 2 and 3 are two potential buyers who do not own a laptop. The worth of the laptop is $2,800 for one buyer (player 2) and $3,000 for the other buyer (player 3). Each buyer is interested in paying the lowest possible price for the laptop and is of course unwilling to pay more than the worth of the laptop to him. Describe the game in coalition function form.
Based on the above data, answer the given subquestions.

v(1)=_______

Question 2

+0.5 marksNumerical answer

A market game has two buyers and one seller. Seller 1 has a laptop whose worth for him is $2000 and he offers it for sale. Players 2 and 3 are two potential buyers who do not own a laptop. The worth of the laptop is $2,800 for one buyer (player 2) and $3,000 for the other buyer (player 3). Each buyer is interested in paying the lowest possible price for the laptop and is of course unwilling to pay more than the worth of the laptop to him. Describe the game in coalition function form.
Based on the above data, answer the given subquestions.

v(2) =_______

Question 3

+0.5 marksNumerical answer

A market game has two buyers and one seller. Seller 1 has a laptop whose worth for him is $2000 and he offers it for sale. Players 2 and 3 are two potential buyers who do not own a laptop. The worth of the laptop is $2,800 for one buyer (player 2) and $3,000 for the other buyer (player 3). Each buyer is interested in paying the lowest possible price for the laptop and is of course unwilling to pay more than the worth of the laptop to him. Describe the game in coalition function form.
Based on the above data, answer the given subquestions.

v(ɸ)=_______

42 more questions in this paper

Sign in with Google — it is free — to see every question with its answer and explanation, practise it in learning mode, or take it as a timed mock test.

More on the Game Theory End Term 13 Sept 2026 paper

The IIT Madras BS Game Theory and Strategy (Game Theory) End Term paper sat on 13 Sept 2026, in the May 2026 term: 45 questions for 45 marks in 180 minutes. The first 3 questions are below. Sign in with Google — it is free — to see the whole paper with its answers and explanations, in learning mode or as a timed mock test.

FeatureGame Theory End Term 13 Sept 2026 at a glance
TermMay 2026 term
SubjectGame Theory and Strategy
Course codeBSMS4023
Questions45
Marks45
Duration180 min
Numerical23
MCQ22
Official paperGame Theory And Strategy 13 Sep 26
Negative markingNo negative marking.
Updated

Same End Term, other subjects

More Game Theory