The players in a two-person game are choosing between Strategy X and Strategy Y. If the second player chooses Strategy X, the first player's best outcome is to select X. If the second player chooses Strategy Y, the first player's best outcome is to select X. For the first player, Strategy X is called a
A)dominant strategy.
B)collusive strategy.
C)repeated-trial strategy.
D)cartel strategy.

Question

Quizplus · Accepted Answer

A dominant strategy is a strategy that is the best choice for a player regardless of the other player's choice. In this scenario, Strategy X is dominant because it is the best choice for the first player no matter what the second player chooses.

The Players in a Two-Person Game Are Choosing Between Strategy