Scenario 13.4
Consider the following game:
-Which of the following is TRUE for the game in Scenario 13.4?
A) NRG's dominant strategy is to sponsor the marathon.
B) NRG's dominant strategy is to sponsor the TV show.
C) Vita's dominant strategy is to sponsor the marathon.
D) Vita's dominant strategy is to sponsor the TV show.
E) Neither company has a dominant strategy.

Question

Scenario 13.4
Consider the following game: 
-Which of the following is TRUE for the game in Scenario 13.4?
A) NRG's dominant strategy is to sponsor the marathon. 
B) NRG's dominant strategy is to sponsor the TV show. 
C) Vita's dominant strategy is to sponsor the marathon. 
D) Vita's dominant strategy is to sponsor the TV show. 
E) Neither company has a dominant strategy.

Quizplus · Accepted Answer

In this game, neither NRG nor Vita has a dominant strategy. The best strategy for each company depends on the strategy chosen by the other company. If NRG sponsors the marathon, Vita should sponsor the TV show. If NRG sponsors the TV show, Vita should sponsor the marathon. Therefore, there is no dominant strategy for either company.

Scenario 13.4 Consider the Following Game