MAN3703
| Description: | Game Theory |
| Category: | Management |
| Created by: | jbridge1613 on 2009-04-29 |
| Question | Answer |
| A simultaneous move game is one in which each player makes decision without knowing what the other player does. | True |
| A dominant strategy is any strategy that results in the highest payoff against at least one of the opponent's strategies. | False |
| If a game has one or more pure strategy Nash equilibria, at least one involves the players playing their secure strategies. | False |
| If a player has a strongly dominant strategy, it is also a secure strategy. | True |
| A finite game with any number of players always has at least one Nash equilibrium. | True |
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