A player can choose among three strategies: T,M,and B.Nevertheless,strategy B is dominated by strategy T.This means that
A) strategy T is always played.
B) strategy B is never played.
C) strategy B will be part of a Nash equilibrium.
D) strategy M is never played.

Question

Quizplus · Accepted Answer

When a strategy is dominated by another, it means that the dominated strategy (in this case, B) is less effective or yields a lower payoff regardless of what the other players do, hence it is never chosen in rational play.

A Player Can Choose Among Three Strategies: T,M,and B