Athar posted an Question
August 25, 2021 • 22:10 pm 30 points
  • UGC NET
  • Economics

Is dominant strategy a nash equilibrium

is dominant strategy a nash equilibrium or vice versa

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  • Rucha rajesh shingvekar best-answer

    With dominant strategy, each player is unaware of the other's optimal strategy. Each player chooses the best strategy among all options. Nash equilibrium occurs when each player knows the strategy of their opponent and uses that knowledge to form their own strategy. The dominant strategy may be the Nash equilibrium.

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    can nash equilibrium be a dominant strategy ?

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    A dominant strategy is a type of Nash equilibrium.

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