Table 9-6 Godrickporter and Star Connections are the only two airport shuttle and limousine rental service companies in the mid-sized town of Godrick Hollow. Each firm must decide whether to increase its advertising spending to compete for customers. Table 9-6 shows the payoff matrix for this advertising game.
-Refer to Table 9-6.Is there a dominant strategy for Star Connections and,if so,what is it?

Question

Table 9-6  Godrickporter and Star Connections are the only two airport shuttle and limousine rental service companies in the mid-sized town of Godrick Hollow. Each firm must decide whether to increase its advertising spending to compete for customers. Table 9-6 shows the payoff matrix for this advertising game.
-Refer to Table 9-6.Is there a dominant strategy for Star Connections and,if so,what is it?

Quizplus · Accepted Answer

A dominant strategy is one that results in the highest payoff for a player, no matter what the other player does. If Star Connections' best outcome depends on Godrickporter's actions, then there is no dominant strategy for Star Connections.

Table 9-6 Godrickporter and Star Connections Are the Only