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Dominant Strategy Regardless of whether Player 2 chooses A, b, or C, Player 1 is better off choosing a'! a' is player 1s dominant strategy! Player 2 Strategy B C 14.13 abc 11.10 10.11 12.12 10.15 10.13 13.14 Michael R Baye, Managerial Economics and Business Strategy, 3e. CThe McGraw-Hill Companies, Inc, 1999Michael R. Baye, Managerial Economics and Business Strategy, 3e. ©The McGraw-Hill Companies, Inc. , 1999 Dominant Strategy • Regardless of whether Player 2 chooses A, B, or C, Player 1 is better off choosing “a”! • “a” is Player 1’s Dominant Strategy! Strategy A B C a b c Player 2 Player 1 12,11 11,12 14,13 11,10 10,11 12,12 10,15 10,13 13,14
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