Self-test on dominant strategies, dominated strategies, and Nash equilibrium

GAME 2
                                         Column
                                    Left         Right
                Up                -10,0         -1,-1
 Row                                         
                Down              -8,-8          0,-10
 
2_1 Which of the following is true?
A. Row has no dominant strategy.
B. Row's dominant strategy is Up.
C. Row's dominant strategy is Down.

B. TRY AGAIN. If Column goes Left, Row gets a payoff of -10 from Up and -8 from Down, so Up cannot be a dominant strategy.


Return to Self Test 1.


Send comments to Prof. Rasmusen. Last updated: October 30, 1996