In game theory, a dominant strategy is one in which: (a) A player's strategy leads to a bad outcome. (b) A player's strategy is determined by the strategy of the other player. (c) A player's strategy is mixed. (d) A player's strategy is independent of the choice made by his/her opponent.

Question

Kaiya

Social Studies

27 August, 02:13

In game theory, a dominant strategy is one in which: (a) A player's strategy leads to a bad outcome. (b) A player's strategy is determined by the strategy of the other player. (c) A player's strategy is mixed. (d) A player's strategy is independent of the choice made by his/her opponent.

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Answers (1)

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Belen Cordova · Answer 1

Option (D) is correct.

Explanation:

In a game theory, dominant strategy is defined as the best strategy among all the other strategies available. It is the course of action which pays the highest payoff to a player, it doesn't matter what other player chooses. All the players may not having the dominant strategies in all the games they have played but when they have dominant strategy, they blindly follow those strategies.