When all the players of the game follow their optimal strategies, then the expected pay off of the game is called.......................

Related MCQs

• A game is said to be fair if the value of the game is.........................
• In a ........................game the amounts won by all winners together is equal to the sum of the amounts lost by all losers together.
• The decision making criteria that should be used to achieve maximum long term pay off is
• The position in the pay off matrix where the maximin coincides with the minimax.
• Each participant of the game is called...................
• ……….. is an important Operations research technique to be used for determining optimal allocation of limited resources to meet the given objectives.
• The best use of linear programming technique is to find an optimal use of
• ........................may be defined as a method of determining an optimal program of interdependent activities in view of available resources.
• If there are more than one optimal solutions for the decision variables, the solution is ...........
• Operations Research makes a ...................... attack on complex problems to arrive at optimal solution.