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In A . Player A has a dominant strategy. B . Player B has a dominant strategy. C . both players have dominant strategies. D
In
A Player A has a dominant strategy.
B Player B has a dominant strategy.
C both players have dominant strategies.
D neither player has a dominant strategy.
Game above,
In Game above,
A Player A choosing A and Player B choosing B is a Nash equilibrium. B Player A choosing A and Player B choosing B is a Nash equilibrium. C there is no Nash equilibrium.
D there are multiple Nash equilibria in pure strategies.
In Game above,
A the Nash equilibrium maximizes the total payoff.
B the Nash equilibrium does not maximize the total payoff. C there is no Nash equilibrium.
D neither player has a dominant strategy.
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