Which of the following is necessary for a Nash equilibrium in a two-player game where both players have three strategies each?
A)The players should behave altruistically.
B)At least one of the two players should have a dominant strategy.
C)The game should be simultaneous and not sequential.
D)It is not necessary for either player to have a dominant strategy.

Question

Quizplus · Accepted Answer

It is not necessary for either player to have a dominant strategy for a Nash equilibrium to occur. A Nash equilibrium can occur when both players choose their best response given the other player's strategy.

Which of the Following Is Necessary for a Nash Equilibrium