Solved

What Is True About the Following Payoff Matrix A) Only Player a Has a Dominant Strategy

Question 48

Multiple Choice

What is true about the following payoff matrix?  A: not cooperate  A: cooperate  B: do not cooperate  A: 2, B: 2 A: 1, B: 3 B: cooperate  A: 3, B: 1 A: 0,B:0\begin{array} { | l | l | c | } \hline & { \text { A: not cooperate } } & \text { A: cooperate } \\\hline \text { B: do not cooperate } & \text { A: } 2 , \text { B: } 2 & \text { A: } 1 , \text { B: } 3 \\\hline \text { B: cooperate } & \text { A: } 3 , \text { B: } 1 & \text { A: } 0 , B : 0 \\\hline\end{array}


A) Only player A has a dominant strategy.
B) Only player B has a dominant strategy.
C) Both player A and player B have dominant strategies.
D) Neither player A nor player B has a dominant strategy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions