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Game theory

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In game theory, a dominant strategy refers to a choice:

1. that is the best response to the strategy selected by another player.

2. that is the best response regardless of the strategy selected by another player

3. that results in the player receiving a higher payoff than any other player.

4. All of the above are correct.

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https://brainmass.com/economics/game-theory/game-theory-317408
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