Table 14-2 Ming and Henri each run one of the two dry cleaning facilities in the town of Scaraby.Both consider offering free pickup and delivery services.Table 14-2 shows the payoff matrix containing the expected quarterly profits for each firm.
-Refer to Table 14-2.Does Henri have a dominant strategy? If yes,what is it?

Question

Table 14-2  Ming and Henri each run one of the two dry cleaning facilities in the town of Scaraby.Both consider offering free pickup and delivery services.Table 14-2 shows the payoff matrix containing the expected quarterly profits for each firm.
-Refer to Table 14-2.Does Henri have a dominant strategy? If yes,what is it?

Quizplus · Accepted Answer

Henri does not have a dominant strategy because his best outcome depends on the actions taken by Ming. A dominant strategy would mean that one choice is always better regardless of what the other player does, which is not the case here.

Table 14-2 Ming and Henri Each Run One of the Two