Which Is True of a Nash Equilibrium

question 9

Multiple Choice

Which is true of a Nash equilibrium?

• A)Both parties must have a dominant strategy for the equilibrium to exist.
• B)Neither party must have a dominant strategy but each must know the payoff values.
• C)Only one party must have a dominant strategy but the other party must know what that is.
• D)Only one party must have a dominant strategy and the other need not know what that is.

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