contestada

A dominant strategy ________.
a. always results in a lower payoff irrespective of the strategy chosen by the other player
b. results in a higher payoff irrespective of the strategy chosen by the other player
c. always results in zero payoff to the opponent
d. always results in equal payoffs to all the players in a game

Respuesta :

Answer: Option B

                       

Explanation: In simple words, dominant strategy refers to the situation in which one strategy gives higher outcome to one player as compared to other player.

Under such a situation the dominant player gets an absolute advantage against his or her opponent and will get better results bio matter how hard and efficient the opponent plays.

For example- In computer industry Apple has a dominant strategy which they have earned out of the market experience and no matter how much other companies try, they can not break customer base of Apple.