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.

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Definitions:

Learning

Learning is the process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences, often as a result of study, experience, or teaching.

Memory

The cognitive ability to remember and recall previous experiences, events, facts, and impressions.

Negative Reinforcement

A psychological concept where the removal of an unfavorable event or outcome after the display of a behavior increases the likelihood of that behavior being repeated in the future.

Thorndike's Law Of Effect

A psychological principle stating that behaviors followed by satisfying consequences are more likely to be repeated, while those followed by unpleasant consequences are less likely to be repeated.