In non-cooperative game theory, what is a dominant strategy (dominante strategie) for a player?
Answer and explanation
Correct answer: D. A strategy that yields the highest payoff for that player regardless of the strategy chosen by the opponent
- Step 1: A strategy is dominant if it outperforms all other alternative strategies against every possible action of the rival. Step 2. In the classic Prisoner's Dilemma, confessing/defecting is a dominant strategy for both players. Answer: A strategy that yields the highest payoff for that player regardless of the strategy chosen by the opponent. Why not the others: Maximizing joint payoff is the Pareto-optimal cooperative outcome; dominant strategies do not require prior observation of rival moves.
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