A dominant strategy equilibrium occurs when:
A) a player has no choice.
B) all players make the same choice regardless of the action of the other players.
C) each player makes the best choice given the choice of the other player.
D) no player is able to dictate the actions of any other player.

Question

Quizplus · Accepted Answer

A dominant strategy equilibrium occurs when all players choose their dominant strategy, which is the best choice for them regardless of what the other players do.

A Dominant Strategy Equilibrium Occurs When