Economics · Game Theory
What is a dominant strategy in game theory?
- 1A strategy that yields a better outcome for a player than any other strategy, regardless of what the opponents do✓
- 2A strategy that ensures a victory without any corresponding reward
- 3A strategy that players choose only during cooperative or teamwork-based play
- 4A strategy that minimizes a player's absolute losses in a competitive game
Correct answer
A strategy that yields a better outcome for a player than any other strategy, regardless of what the opponents do
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