Indian Institute of Technology Madras
BS Degree Programme · Examination & Study Paper
Game Theory and Strategy
Best responses in continuous games
Examination Instructions & Guidelines
- Solve on notebook/paper first before checking solutions.
- MCQ: Exactly 1 option is correct. Negative marking applies.
- NAT: Numerical response. No negative marking.
- Scientific calculator allowed for all calculations.
- Official answer key is sealed at the end of this sheet.
Quiz 1 · 26 Oct 2025 (AN)Quiz 1
Read the passage below, then answer Q1–Q2
Q1MCQ2 Marks·Choose one option
- A

- B

- C

- D

- A
- Q2MCQ2 Marks·Choose one option
Choose the incorrect statement
- AThis game is a symmetric game
- BThis game has a symmetric Nash equilibrium
- CUnder the Nash equilibrium each player chooses P=15
- DThis game has unique Nash equilibrium
End Term · 31 Aug 2025 (FN)End Term
Read the passage below, then answer Q3–Q4

Based on the above data, answer the given subquestions.
Q3NAT2 Marks·Write the numberWhat is the best response of roommate 2 if roommate 1 chooses t_1 = 0? t_2 =________________
Your answer:- Q4NAT2 Marks·Write the number
Your answer:
End Term · 31 Aug 2025 (AN)End Term
Read the passage below, then answer Q5–Q7

Based on the above data, answer the given subquestions.
Q5NAT2 Marks·Write the number
Your answer:- Q6NAT1 Mark·Write the number
Your answer: - Q7NAT1 Mark·Write the number
Your answer:
Quiz 2 · 3 Aug 2025 (AN)Quiz 2
Read the passage below, then answer Q8–Q12
Each one of two political parties can choose to buy time on commercial radio shows to broadcast negative ad campaigns against their rival. These choices are made simultaneously. Due to government regulation, it is forbidden to buy more than 2 hours of negative campaign time, so that each party cannot choose an amount of negative campaigning above 2 hours. Given a pair of choices (a_1,a_2), the payoff of party i is given by the following function: v_i (a_1,a_2) = a_i − 2a_j + a_ia_j − (a_i)^2. Write the normal form representation of this game and answer the given sub-questions.
Q8MCQ1 Mark·Choose one optionIf player 1 chooses 2 hours as his action, the best response of player 2 will be
- A1.5
- B1
- C1.25
- D0
- Q9MCQ1 Mark·Choose one option
How much negative campaign time will each player choose under a symmetric and unique Nash equilibrium?
- A1.5
- B1
- C1.25
- D0
- Q10MCQ1 Mark·Choose one option
Equilibrium payoff of each player will be
- A-1.5
- B1
- C-1
- D0
- Q11NAT1 Mark·Write the number
If the parties could sign a binding agreement on how much to campaign, what levels would they choose? a_1 = _____________
Your answer: - Q12NAT1 Mark·Write the number
If the parties could sign a binding agreement on how much to campaign, what levels would they choose? a_2 = _____________
Your answer: