dominant strategy

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Real Options & Game Theory

Is the following statement true or false (explain your answer):

In any strategic-form game, if a player has a dominant strategy, then all of the other strategies of that player are dominated.

House
X
A 80, 30
15
25
ABU
с
100000
O55
85
95
"
I
Cuddy
Y
0, 20
20, 20
5,
25
N
20, 20
5, 5
5 25
7
Transcribed Image Text:House X A 80, 30 15 25 ABU с 100000 O55 85 95 " I Cuddy Y 0, 20 20, 20 5, 25 N 20, 20 5, 5 5 25 7
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