When the Player of a Game Chooses a Dominant Strategy

question 139

Multiple Choice

When the player of a game chooses a dominant strategy:

• A)it is the best strategy only if other players are cooperative.
• B)it always leads to a Nash equilibrium that makes all players equally well off.
• C)the game can never reach a Nash equilibrium.
• D)it is the best strategy regardless of choices made by other players.

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Understand the economic ideologies of key historical figures and their impact on economic policy and systems.