Question

According to the passage, which of the following options about the application of game theory to a conflict-of-interest situation is true? 
 

• A. Assuming that the rank order of preferences for options is different for different players.
• B. Accepting that the interests of different players are often in conflict.
• C. Not assuming that the interests are in complete disagreement.
• D. All of the above.

Hint:

Combine statements logically - if each one is supported by the passage, "All of the above" is likely correct.

Answer 1

The Correct Option is D

- Step 1: The first paragraph explicitly states that the rank order of preferences varies among players - confirming (1).
- Step 2: It also says that the interests are generally in conflict - confirming (2).
- Step 3: It further mentions that these interests are not necessarily diametrically opposed - confirming (3).
- Step 4: Therefore, all statements are true, making (4) the correct answer.