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1 October, 14:27

g The relationship between a pure-strategy Nash equilibrium and a dominant-strategy equilibriumis that:5) A) a dominant-strategy equilibrium is a special case of a pure-strategy Nash equilibrium. B) a pure-strategy Nash equilibrium is a special case of a dominant-strategy equilibrium. C) they are mutually exclusive and exhaustive, in that a dominant-strategy equilibrium is thesame thing as a mixed-strategy Nash equilibrium. D) they are the same. E) there may not be a dominant-strategy equilibrium, but there always is a pure-strategy Nashequilibrium.

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  1. 1 October, 14:47
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    The answer is A) Dominant-strategy equilibrium is special case of pure-strategy Nash equilibrium.

    Explanation:

    The relationship between a pure-strategy Nash equilibrium and a dominant-strategy equilibrium is that dominant-strategy equilibrium is special case of pure-strategy Nash equilibrium because each type of game has a Nash equilibrium with a mixture of strategies, of which dominant-strategy could either be inclusive, or not inclusive.
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