mixed strategy

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 A Strategy That Is Best For A Player In A Game Regardless Of The Strategies Chosen By The Other Players?

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What Is A Strategy That Is Best For A Player In A Game Regardless Of The Strategies Chosen By The Other Players? A dominant strategy for a player is defined as one that produces the highest payoff of any available strategy, regardless of the strategies employed by the other players. What is the dominant strategy