A dominant strategy is a strategy that
A)results in the highest payoff to a player regardless of the opponent's action.
B)guarantees the highest payoff given the worst possible scenario.
C)describes a set of strategies in which no player can improve her payoff by unilaterally changing her own strategy, given the other players' strategies.
D)whereby a player randomizes over two or more available actions in order to keep rivals from being able to predict her action.

Question

Quizplus · Accepted Answer

A dominant strategy is a strategy that results in the highest payoff to a player regardless of the opponent's action. It is the most advantageous strategy for a player to choose regardless of what the other players do.

A Dominant Strategy Is a Strategy That