A Game in Which Each Player Adopts Its Dominant Strategy

question 61

Multiple Choice

A game in which each player adopts its dominant strategy

• A)will not lead to an equilibrium.
• B)must be a cooperative game.
• C)could result in a Nash equilibrium.
• D)can never result in a Nash equilibrium.

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Definitions:

Division

A method of mathematical operation involving the process of dividing one number by another to determine how many times the divisor fits into the dividend.

Evaluate

The process of assessing or determining the significance, worth, or condition of something, typically by careful appraisal and study.

Fraction

A mathematical expression representing the division of one quantity by another, indicating parts of a whole.

Multiplication

A mathematical operation where a number is added to itself a certain number of times, symbolized by the ‘×’ sign.