Which of the following is true?
A)All games have at least a dominated strategy.
B)All games have at least a dominant strategy.
C)Games may or may not end up having dominated or dominating strategies.
D)A Nash equilibrium in pure strategies requires at least a dominating strategy.

Question

Quizplus · Accepted Answer

Games may or may not have dominated or dominating strategies. It depends on the specific game and its rules. It is possible for a game to have neither dominated nor dominant strategies, or to have both. A Nash equilibrium in pure strategies does not require a dominating strategy; it is a situation where each player's strategy is optimal given the strategies of the other players, and it can occur even if no strategy dominates the others.

Which of the Following Is True