Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Strategy A
B
Strategy B
C
Both Strategies
D
None of the Above
Understanding the Answer
Let's break down why this is correct
Answer
In this game, Player 1 has two strategies: A and B. If strategy A is always better than strategy B, no matter what Player 2 does, then strategy B is considered dominated by strategy A. According to the principle of iterative elimination of dominated strategies, Player 1 should choose strategy A because it guarantees a better outcome regardless of Player 2's choices. For example, if Player 2 chooses either of their strategies, Player 1 will always do better by playing A instead of B. Therefore, the best decision for Player 1 is to stick with strategy A to maximize their payoff.
Detailed Explanation
Player 1 should choose strategy A. Other options are incorrect because Choosing strategy B might seem okay, but it is always worse than A; Saying both strategies are good is incorrect.
Key Concepts
iterative elimination of dominated strategies
Topic
Nash Equilibrium in Game Theory
Difficulty
easy level question
Cognitive Level
understand
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