What is the difference between a dominant strategy and a dominated strategy? Why would a player in a game be

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What is the difference between a dominant strategy and a dominated strategy? Why would a player in a game be unlikely to choose a dominated strategy?

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: March 17, 2016 05:05:37