Explain the principle of dominance as used in game theory

What will be an ideal response?

used to eliminate strategies that would not ever be played

Business

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Which one of these statements is true concerning the price-earnings (PE) ratio?

a. A high PE ratio may indicate that a firm is expected to grow significantly b. a PE ratio of 16 indicates that investors are willing to pay $1 for every $16 of current earnings c. PE ratios are unaffected by the accounting methods employed by a firm d. the PE ratio is classified as a profitability ratio e. the PE ratio is a constant value for each firm

Business

Bargaining leverage, price sensitivity, and threat of backward integration are some of the

elements influencing the five -forces factor of ________. A) the threat of substitutes B) supplier power C) buyer power D) the threat of new entrants

Business