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

GAME 1

                                         Column
                                    Left         Right
                   Up              -1,-1        -10,0
 Row                                         
                   Down            0,-10         -8,-8

1_2 Which of the following is true?
A. Column has no dominated strategies.
B. Column's strategy of Left is dominated.
C. Column's strategy of Right is dominated.

B. Correct. For a given action of Row, Left is always worse for Column than Right.

Return to Self Test 1.

Send comments to Prof. Rasmusen. Last updated: October 27, 1996