A decision tree helps a player identify:
A)optimal strategy in a simultaneous game.
B)dominant strategies in a prisoners' dilemma-type game.
C)optimal strategy in a sequential game.
D)and define a binding commitment strategy.

Question

Quizplus · Accepted Answer

Decision trees are particularly useful for analyzing sequential games, where players make decisions one after another, rather than simultaneously. They help in visualizing the choices, possible outcomes, and the sequence of moves, thereby aiding a player in determining the optimal strategy based on the actions and reactions of other players.

A Decision Tree Helps a Player Identify