In a dominant strategy equilibrium: Group of answer choices The players adopt strategies that maximise the joint payoffs to all players in the game Each player adopts a strategy that maximises the payoffs to all of the other players in the game Players adopt strategies that minimise the payoffs of their rivals Every player plays their dominant strategy None of the above

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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In a dominant strategy equilibrium:

Group of answer choices

The players adopt strategies that maximise the joint payoffs to all players in the game

Each player adopts a strategy that maximises the payoffs to all of the other players in the game

Players adopt strategies that minimise the payoffs of their rivals

Every player plays their dominant strategy

None of the above

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