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

GAME 5

                                         Column
                                    Left           Right      Edge
                    Up             -10,0         -10,-1      -10,-1

Row                 Down           -8,-8         0,-10        2,-1

                    Bottom          4, 5         7,-10        1, 1

5_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.
D. Column's strategy of Edge is dominated.

C. CORRECT. Right is dominated by Left, always resulting in a lower payoff.

Can you find the dominated strategy for Row? That is much easier to find.

Return to Self Test 1.

Send comments to Prof. Rasmusen . Last updated: Dec. 15, 2001.