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    Dominant Strategy - Airline Example

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    Profits are shown for united airline and american airline, the airline can either hold prices where they are or cut prices. does either airline have a dominant strategy? Explain in detail: see attachment

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    https://brainmass.com/economics/microeconomics/dominant-strategy-airline-example-246446

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    A dominant strategy is a strategy in a game that improves the outcome for a player regardless of the strategy selected by other players in a game. In this example, United does not have a dominant strategy and American does have a dominant strategy. United does not have a dominant ...

    Solution Summary

    A dominant strategy is a strategy in a game that improves the outcome for a player regardless of the strategy selected by other players in a game. The solution gives a detailed description/ example of how to calculate dominant strategies.

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