A player can choose among three strategies: L, C, and R. Strategy C is
A player can choose among three strategies: L, C, and R. Strategy C is never a best response to the other player strategies. This means that
A) strategy C is always played.
B) strategy C is never played.
C) strategy C will be part of a Nash equilibrium.
D) strategies L and R are never played.
ANSWER
B
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.