A dominant strategy
A)maximizes the joint profit of the players in the game.
B)is the player's best response to all possible strategies of the other player.
C)cannot exist when there is a Nash equilibrium.
D)only exists when the game is limited to two players.

Question

Quizplus · Accepted Answer

A dominant strategy is a player's best response to all possible strategies of the other player. It does not necessarily maximize the joint profit of the players and can exist in games with more than two players. It can coexist with a Nash equilibrium, but a Nash equilibrium does not require a dominant strategy for any player.

A Dominant Strategy