Refer to the game between James and Theodore depicted in Figure 12.1.Who has a dominant strategy?
A) Only James
B) Only Theodore
C) Both James and Theodore
D) Neither James nor Theodore

Question

Refer to the game between James and Theodore depicted in Figure 12.1.Who has a dominant strategy? 
A) Only James 
B) Only Theodore 
C) Both James and Theodore 
D) Neither James nor Theodore

Quizplus · Accepted Answer

Neither James nor Theodore have a dominant strategy in this game. James has two strategies to choose from and both result in a payoff of -4 if Theodore chooses strategy 1, and a payoff of -1 if Theodore chooses strategy 2. Similarly, Theodore has two strategies to choose from, both of which result in a payoff of -4 if James chooses strategy 1, and a payoff of -1 if James chooses strategy 2. As neither player has a dominant strategy, they will need to use their best judgment to make a decision based on their expectations of their opponent's moves.

Refer to the Game Between James and Theodore Depicted in Figure