A Dominant Strategy Equilibrium Occurs When

question 14

Multiple Choice

A dominant strategy equilibrium occurs when

• A)there is a clear strategy for each player independent of the other player's actions.
• B)each player takes the best possible action given the other player's action.
• C)each player complies with the collusive agreement.
• D)you cooperate until the other player cheats,and then you cheat forever.
• E)the outcome is the best possible.

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