(Solution) If Player A In A Two-person Game Has A Dominant Strategy SA, Then There Is A Pure Strategy Nash Equilibrium In Which Player A Plays SA And Player B... | Snapessays.com


(Solution) If player A in a two-person game has a dominant strategy sA, then there is a pure strategy Nash equilibrium in which player A plays sA and player B...


If player A in a two-person game has a dominant strategy sA, then

 

there is a pure strategy Nash equilibrium in which player A plays sA and

 

player B plays a best response to sA.

 

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Is my answer correct:

 

False, if a player 1 has the dominant strategy the player will play in response to the other play strategy because it an ensue the best outcome for that player. Such behavior does not necessarily indicates that there is a Nash equilibrium present.

 


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This question was answered on: May 23, 2022

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