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.
Dominant piebald spotting
Fights for dominance are normally brief, and sometimes merely displaying dominant gestures without p
Evidence for big game hunting by archaic H. sapiens is suggested by the excavations at the Boxgrove
W. A. Rogers’s engraving, “Out of the Game,” showed one injured boy tending to another. It appeared
Example of Reconciling a Bank Statement Cont.
The frequency of the dominant and recessive alleles in the gametes of the parental generation determ