dominant strategies

Is A Dominant Strategy Always A Nash Equilibrium?

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Is A Dominant Strategy Always A Nash Equilibrium? A Nash equilibrium is always a dominant strategy equilibrium. If a player’s optimal strategy depends on the behavior of rival players, then that player must have a dominant strategy. The prisoners’ dilemma provides an explanation for price wars among oligopolists. Can dominant strategy be Nash equilibrium? Nash

What Is The Dominant Strategy In The Prisoners Dilemma?

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What Is The Dominant Strategy In The Prisoners Dilemma? In the prisoner’s dilemma, the dominant strategy is to confess. in prisoner’s dilemma it would be the result of both people confessing and thus getting a 15 year sentence. What is the dominant strategy in the prisoner’s dilemma? Confess is considered the dominant strategy or the