Answer to Question 1
The statement is false. If one player has a dominant strategy and the other player knows it, then the outcome is predictable. For example, if player A will go right when player B moves left and vice versa, we can predict what player A will do if player B has a dominant strategy. If player B's dominant strategy is to move right, then we know that player A will move left.
Answer to Question 2
The principle of second best rests on the fact that just because a tax distorts an economic decision does not always imply that such a tax imposes an excess burden. If previously existing distortions exist, such a tax may actually improve efficiency.
How genes produce proteins that determine traits in a simple dominant-recessive relationship.
Player - Baby Come Back
In Second Life, multiplayer online game, two avatars engage in virtual courtship.
A pedigree for an autosomal dominant trait
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Example of a genetic pedigree of the autosomal dominant disease Marfan syndrome