Solved

A Strategy That Is Uniformly Worse Than All Other Strategies

Question 1

Multiple Choice

A strategy that is uniformly worse than all other strategies is called a:


A) Minimax regret strategy.
B) Dominated strategy.
C) Weakly dominant strategy.
D) Savage strategy.
E) Second-best strategy.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents