A dominant strategy is one that a. makes every player better off. b. makes at least one player better off without hurting the competitiveness of any other player. c. increases the total payoff for the player. d. is best for the player, regardless of what strategies other players follow.

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19 June, 00:42

A dominant strategy is one that a. makes every player better off. b. makes at least one player better off without hurting the competitiveness of any other player. c. increases the total payoff for the player. d. is best for the player, regardless of what strategies other players follow.

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Karter Dawson · Answer 1

Answer: Option D

Explanation: In simple words, a dominant strategy refers to the the condition in which a strategy works in such a way that one player will get more benefit than his or her opponent regardless of the fact how efficiently the opponent implements that strategy.

The player for which strategy works in favor is called dominating party and the other layer who is the opponent is called dominated party. A dominant strategy result in giving absolute advantage to the dominating party with no possibilities of the dominated party to win.