Which of the Following Is Necessary for a Nash Equilibrium

question 29

Multiple Choice

Which of the following is necessary for a Nash equilibrium in a two-player game where both players have three strategies each?

• A)The players should behave altruistically.
• B)At least one of the two players should have a dominant strategy.
• C)The game should be simultaneous and not sequential.
• D)It is not necessary for either player to have a dominant strategy.

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Definitions:

Rejection Region

In statistical hypothesis testing, it is the range of values for which the null hypothesis is considered improbable enough to be rejected.

Significance Level

The threshold below which a null hypothesis is rejected in a statistical test, often denoted by alpha (α) and commonly set at 0.05 or 5%.

Friedman Test

A nonparametric test for detecting differences in treatments across multiple test attempts.

Friedman Test

A method involving non-parametric statistics aimed at uncovering treatment discrepancies across various attempts.