Asked by

james calderhead
on Oct 27, 2024

verifed

Verified

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.
verifed

Verified Answer

MW
Mahoganie WilliamsOct 30, 2024
Final Answer:
Get Full Answer