📚 Learning Guide
Dominant Strategies in Game Theory
hard

In a non-cooperative game, if player A has a dominant strategy that ensures the best response against player B's strategies, what can be concluded about player A's choice?

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Choose the Best Answer

A

Player A will always choose the dominant strategy regardless of player B's actions.

B

Player A will only choose the dominant strategy if player B cooperates.

C

Player A's dominant strategy is irrelevant to the game's outcome.

D

Player A should avoid using the dominant strategy to maximize joint payoffs.

Understanding the Answer

Let's break down why this is correct

Answer

In a non-cooperative game, if player A has a dominant strategy, it means that this strategy is the best choice for player A regardless of what player B decides to do. This means that no matter how player B plays, player A will always get the highest possible payoff by sticking with this dominant strategy. For example, if player A chooses to always play "C" and it consistently gives them the best outcome compared to other options like "A" or "B," then player A will confidently choose "C. " Therefore, we can conclude that player A will choose their dominant strategy because it guarantees the best result for them, making their decision straightforward. This insight helps us understand how strategic choices can simplify decision-making in competitive situations.

Detailed Explanation

Player A will always pick the dominant strategy. Other options are incorrect because This suggests player A needs player B to cooperate to choose the best option; This implies player A's best choice doesn't matter.

Key Concepts

dominant strategy
cooperative vs. non-cooperative games
best response
Topic

Dominant Strategies in Game Theory

Difficulty

hard level question

Cognitive Level

understand

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