Games that don't have a dominant strategy present:
A)do not have stable equilibrium outcomes.
B)may have stable equilibrium outcomes.
C)always have stable equilibrium outcomes.
D)don't exist;all games have at least one dominant strategy.

Question

Quizplus · Accepted Answer

Games can have stable equilibrium outcomes without a dominant strategy. In fact, many real-world games do not have a dominant strategy. It is possible for players to choose different strategies based on their own preferences or beliefs about their opponent's strategies, resulting in a stable outcome. These types of games are known as mixed strategy games.

Games That Don't Have a Dominant Strategy Present