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Dominant strategy equilibrium

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Reference no: EM132171700

a) If a game has a dominant strategy equilibrium, does it have a Nash equilibrium?

b) If a game has a Nash equilibrium, does it have a dominant strategy equilibrium?

c) If one firm has a dominant strategy, can another firm take advantage of that fact in deciding on its optimal strategy?

d) Can a game have more than one dominant strategy equilibrium?

e) Can a game have more than one Nash equilibrium?

Reference no: EM132171700

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