Millionaire Mode

Game Theory and Experimental Economics

Question 1 of 15

In a game theory context, what is a Nash Equilibrium?

  1. An outcome where no player can improve their payoff by unilaterally changing their strategy.
  2. An outcome where all players are making optimal choices.
  3. An outcome where the total payoff of all players is maximized.
  4. An outcome where the game is in a state of perfect competition.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000