Adopting a secure strategy is appropriate:
A) For extremely risk averse players.
B) In games in which the worst possible outcome is too onerous to contemplate.
C) When neither player has a strictly dominant strategy.
D) All of the above are correct.
E) None of the above are correct.

Question

Quizplus · Accepted Answer

A secure strategy is appropriate for extremely risk-averse players, in situations where the worst possible outcome is too severe to consider, and when neither player has a strictly dominant strategy. These scenarios all describe conditions under which adopting a secure or safe strategy would be beneficial or necessary.

Adopting a Secure Strategy Is Appropriate