True or false? 1) Suppose strategy A is strongly dominant. Then, strategy A will always be the
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1) Suppose strategy A is strongly dominant. Then, strategy A will always be the only strategy supported by the optimism/pessimism principle.
2) Suppose strategy A is strongly dominant. Then, strategy A will always be the only strategy supported by the Equal weight-Equal relevance principle
3) If the optimism/pessimism principle supports strategy A as the best, then Lexical optimism/pessimism principle also supports strategy A as the best.
4) Equal weight-Equal relevance principle holds that each state of nature is of equal probability.
Related Book For
Principles of Corporate Finance
ISBN: 978-0077404895
10th Edition
Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen
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