Multiple Choice
What is meant by iterated dominance?
A) It refers to the process of co-operation among players to maximize the total payoff.
B) It refers to the elimination of a strategy that is dominated by another strategy in a game.
C) It refers to games in which players make decisions in a sequential manner.
D) It is a strategy that is employed by one player without observing the strategies of other players.
Correct Answer:
Verified
Correct Answer:
Verified
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