Differentiate dominant from dominated strategy

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1. Classify and define games that are sequential, simultaneous and strategic.

2. Are Miyamoto strategies relevant today? Explain your answer.

3. Who is better strategist: Sun Tzu or Musashi Miyamoto? Explain your answer.

4. What is the importance of Sun Tzu's strategies in modern day living? Which of these strategies impressed you the most and why?

5. Define Nash Equilibrium and give an example.

6. Differentiate dominant from dominated strategy. Give examples for each.

Reference no: EM132915643

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