Question

g The relationship between a pure-strategy Nash equilibrium and a dominant-strategy equilibriumis that:5)A)a dominant-strategy equilibrium is a special case of a pure-strategy Nash equilibrium.B)a pure-strategy Nash equilibrium is a special case of a dominant-strategy equilibrium.C)they are mutually exclusive and exhaustive, in that a dominant-strategy equilibrium is thesame thing as a mixed-strategy Nash equilibrium.D)they are the same.E)there may not be a dominant-strategy equilibrium, but there always is a pure-strategy Nashequilibrium.

Answer 1

Answer:

The answer is A) Dominant-strategy equilibrium is special case of pure-strategy Nash equilibrium.

Explanation:

The relationship between a pure-strategy Nash equilibrium and a dominant-strategy equilibrium is that dominant-strategy equilibrium is special case of pure-strategy Nash equilibrium because each type of game has a Nash equilibrium with a mixture of strategies, of which dominant-strategy could either be inclusive, or not inclusive.