Multiple Choice
In game theory,what is a dominant strategy?
A) A strategy that leads to the best possible outcome for both firms.
B) Any strategy that leads to a Nash equilibrium.
C) A strategy that yields a minimax outcome.
D) A strategy that leads to the best outcome for a firm no matter what strategy the other chooses.
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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