c. a strategy that is optimal for a player no matter what an opponent does. But choosing to defect from this strategy and increase output can cause a rise in market supply, lower prices and lower profits - £5m each if both choose to do so. The definition of strictly dominant strategies is obtained by replacing ≥ with > in (1.10). Similarly, weakly and strictly dominated strategies can be defined. A dominant strategy can best be described as. More example sentences. Dominant strategy can be included in Nash equilibrium whereas a Nash equilibrium may not be the best strategy in a game. In decision theory, (of a choice) at least as good as the alternatives in all circumstances, and better in some. a. a strategy taken by a dominant firm. It can be described by a finite type space in which each possible bidder’s valuation is represented by a single type. ‘holding back is here a dominant strategy’. ‘Although the dominant strategy is to not donate, approximately 50% of the students donated.’. the strategy taken by a player in order to dominate its rivals. strategy described by Berk, Hughson, and Vandezande can be described as ag-gressive in two ways: a player's use of the strategy is obvious, and using it often makes it very unlikely that one other contestant will win the game.4 The optimal strategy in Singled Out is less obvious, which could affect the chance that a play-er will use it. Example of Nash Equilibrium Imagine a game between Tom and Sam. d. a strategy that leaves every player in a game better off. b. the strategy taken by a firm in order to dominate its rivals. Walters describes over 30 practical kinesic principles to guide investigators in this process. a strategy that is optimal for a player no matter what an opponent does. 6 A dominant strategy can best be described as a strategy taken by a dominant player. The strategy ˆsi is a dominant strategy for player i if: (1.10) ∀ s ¯ − i ∈ S − i, ∀ s i ∈ S i, u i(ˆsi, s ¯ − i) ≥ u i(s i, s ¯ − i). It might be worth reading Wikipedia's article on solved games  In this case the dominant strategy … Such situations can be analyzed as individual ... no player has a dominant strategy: opera is a strict best reply to opera and The dominant strategies share the property that they guarantee at least a draw and if the opponent is not playing optimally may lead to a win. A dominant strategy is one that is best irrespective of the other player's choice. The “first and most important” such principle is that “No single kinesic behavior, verbal or nonverbal, … The rationalizing distribution has a simple form. Sometimes, the best strategy will be the same no matter how other players act. This is known as the dominant strategy. Dominant strategies are considered as better than other strategies, no matter what other players might do. described), then one can conclude that no player plays a strategy that is strictly dominated ... ers have a strictly dominant strategies. On the other hand, there exists the so-called Nash equilibrium… Figure 1: The graph of any mechanism dips below the graph of the best dominant strategy mechanism at some point. Moreover, Walters outlines different interrogation strategies for different personality types. There will also be dominant strategies in Chess, but the number of possibilities is so great that nobody has yet found an optimal strategy.