player's dominant strategy

Related BrainMass Solutions

• Game Theory: Finding Dominant Strategy and Nash Equilibrium

  b) Find each player's dominant strategy. c) Find the Nash equilibrium of the game.

• Nash equilibrium and dominant strategies

  If player 1 chooses strategy B, and player 2 picks strategy A, then player 1 gets $650 and player 2 gets $0. a) Write the above game in normal form. b) Find each player's dominant strategy, if it exists.

• Dominant Strategies and Nash Equilibria in a 2x2 Game

  strategies: Player B will choose Hold no matter what Player A selects (Hold is Player B's dominant strategy), and Player A will choose Drive regardless of Player B's choices (Drive is Player A's dominant strategy).

• zero-sum game

  When firm 2 chooses C1, best strategy for Firm 1 is R1 when firm 2 chooses c2, best strategy for firm 1 is R2 so there is no dominant strategy for firm 1. Similarly, there is no dominant strategy for firm 2.

• Games of Strategy

  Does either player have a dominant strategy? Explain. b. Is there Nash equilibrium in this game? Explain c. Why this game is called a cooperative game? a. Does either player have a dominant strategy? Explain.

• Game Theory Problem

  A strategy is a dominant strategy for a player if it is that player's best strategy (yields the highest payoff) no matter what the other players do. We can say that there a dominant strategy for Coa and that is limit price.

• Game Theory: two-player, one-shot simultaneous-move game

  If player 1 chooses B and player 2 chooses strategy A, then player 1 earns $650 and player 2 earns $0. a. Write the above game in normal form. b. Find each player's dominant strategy, if it exists. c. Find the Nash equilibrium of this game. d.

• Pay off table for oligopoly competition

  If the threat involves the player's dominant strategy, it is credible. Beta's profits fall by $225 if Alpha retaliates. Alpha gains $50 in the process, so this is credible.

• Nash equilibrium and dominant strategies

  B sell not sell A new 3, 1 *3, 2* old *12, 8* 1, 3 To find the dominant strategy, we compare each player's payoffs, given the strategy of the other player.