A dominant strategy is one that
A)makes every player better off
B)makes at least one player better off without hurting the competitiveness of any other player
C)increases the total payoff for one player
D)is best for a player,regardless of what strategy other players follow
E)leads to quicker convergence to market equilibrium

Question

Quizplus · Accepted Answer

A dominant strategy is the one that is best for a player, regardless of what strategy other players follow. It guarantees the highest possible payoff for a player, given the other player's strategies. Therefore, option D is the correct choice.

A Dominant Strategy Is One That