Asked by
james calderhead
on Oct 27, 2024Verified
In game theory,when a player has an action that is always best for that player,regardless of the action taken by the other player(s) in a game,we say this player has a _____ strategy.
A) competitive
B) trigger
C) dominant
D) tit-for-tat
Dominant Strategy
A strategy in game theory that is best for a player to follow regardless of what strategies other players choose.
Game Theory
A branch of mathematics and economics that analyzes strategies in competitive situations where the outcome depends on the actions of all participants.
- Recognize strategies as predominant when they ensure the optimal outcome, irrespective of the actions taken by others.
Verified Answer
MW
Learning Objectives
- Recognize strategies as predominant when they ensure the optimal outcome, irrespective of the actions taken by others.