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game theory, weakly dominated strategies. 3.6 Daminated Strategies game (A, B) i

ID: 3123541 • Letter: G

Question

game theory, weakly dominated strategies.



3.6 Daminated Strategies game (A, B) is w omi A pure strategy i of player l in an m x n bimatrix pA eiAej there a p (pi, e 4'" such that definition of a w j ....n, and e Ae for at least one j. The strategy is pAe pure dominated strategy of player 2 is similar. In words, a nated if there is some pure or mixed strategy that is always at least as goo iterated elimination of strictly dominated strategies one might also consider iterated elimination of weakly dominated strategies. The advantage is that in games where

Explanation / Answer

A pure strategy defines a specific move or action that a player will follow in every possible attainable situation in a game. Such moves may not be a random, or drawn from a distribution, as in the case of mixed strategies.