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Dominant strategies

Dominant strategies. Econ 171. Clicker Question. Player 2. Strategy A. Strategy B. Strategy A. Player 1. Strategy B. A ) Strategy A strictly dominates Strategy B for both Players. B) Strategy B strictly dominates A for Player 1. Strategy A weakly dominates B for Player 2.

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APPENDIX B

APPENDIX B. APPENDIX B A PROCEDURE FOR GENERATING AN EQUILIBRIUM POINT FOR 2-PERSON GAMES (That sometimes works!). Basic Idea. Player II speaking : "I'll design my strategy, call it y* such that the expected payoff to Player I will be constant regardless of what she will do!

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Dominant strategies

APPENDIX B