This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In a game, a dominated strategy is one where: a. It is always the best strategy b. It is always ... (Read 96 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jul 1, 2018
In a game, a dominated strategy is one where:
 a. It is always the best strategy
  b. It is always the worst strategy
  c. It is the strategy that is the best among the group of worst possible strategies.
  d. Is sometimes the best and sometimes the worst strategy

Question 2

What is the payoff for each firm in this one-shot game?
 a. Both firms will earn 0
  b. Firm A will earn 50 and firm B will earn -10
  c. Firm A will earn -10 and firm B will earn 50
  d. Both firms will earn 25


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pocatato

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


Zoey63294

  • Hero Member
  • *****
  • Posts: 539
Reply #2 on: Jul 1, 2018
Correct answers!


pocatato

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Cellcraft Game Cellcraft Game
Using concept maps as a learning strategy Using concept maps as a learning strategy
A football game, in 1879, pits Yale against Princeton. The field was not lined or bounded, and play A football game, in 1879, pits Yale against Princeton. The field was not lined or bounded, and play
Game logic Game logic
Success of the Republican “Southern Strategy” Success of the Republican “Southern Strategy”
Exekias (Potter And Painter) AJAX AND ACHILLES PLAYING A GAME Exekias (Potter And Painter) AJAX AND ACHILLES PLAYING A GAME
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library