Which of the Following Is True for a Two-Person Game

question 78

Multiple Choice

Which of the following is true for a two-person game which has a Nash equilibrium?

• A)Only one of the two players will have a dominant strategy.
• B)The game must have a dominant-strategy equilibrium.
• C)The dominant strategy of the players must be different.
• D)The game may or may not have a dominant-strategy equilibrium.

---

Definitions:

Tenancy in Partnership

Tenancy in Partnership describes a form of ownership where partners possess an undivided interest in property owned by the partnership for the purpose of the partnership's business.

Tenancy in Common

A form of ownership where two or more individuals own property together, each holding a distinct, undivided interest.

Joint Tenancy

A form of property ownership by two or more parties who have equal rights to the entire property, including the right of survivorship, so when one owner dies, their share automatically passes to the surviving owners.

Right of Survivorship

A legal principle in real estate that allows property to automatically pass to the surviving owner(s) upon the death of another owner.