In a simultaneous-move game,________.
A) each player has to make his choice after knowing his rival's choice
B) each player has to make his choice without knowing his rival's choice
C) there is always more than one Nash equilibrium
D) there is always more than one dominant strategy equilibrium

Question

Quizplus · Accepted Answer

In a simultaneous-move game, each player has to make his choice without knowing his rival's choice. This means that the players are acting at the same time and cannot take into consideration the reaction of the other player. Therefore, they have to make their choice based on their own preferences and beliefs about the other player's likely move.

In a Simultaneous-Move Game,________