Question

In game theory, a dominant strategy is:

A. to make the exact same move that was made by the other player.
B. the best strategy to pick, no matter which moves are chosen by the other player.
C. the best strategy to pick, assuming the other player makes his or her best possible choice.
D. to allocate all personnel resources towards defensive talent in order to dominate opposing offenses.
E. the choice that causes the payoff for the other player to be minimized, regardless of the payoff it earn

Answer 1

The correct answer is letter "B": the best strategy to pick, no matter which moves are chosen by the other player.

Step-by-step explanation:

Game theory is used in mathematics and economy to explain how individuals make their choices. All participants in a game use some sort of strategy that allows them to have chances of winning the game. Under such circumstances, a dominant strategy refers to one specific approach that leads to absolute best effects regardless of the choices that the other participants may select.

However, sometimes there are no dominant strategies in a game. Therefore, participants must adapt to the moves of other players to find a way to outstand.