Question

Explain the theory of dominance in the
solutions of rectangular game? ​

Answer 1

Answer:

The principle of dominance states that if one strategy of a player dominates over the other strategy in all conditions then the later strategy can be ignored.  The concept of dominance is especially useful for the evaluation of two-person zero-sum games where a saddle point does not exist.

Step-by-step explanation:

Game theory was developed for the purpose of analyzing competitive situations involving

conflicting interests. In other words, game theory is used for decision making under

conflicting situations where there are one or more opponents (i.e., players). For example,

chess, poker, etc., are the games which have the characteristics of a competition and are

played according to definite rules. Game theory provides solutions to such games, assuming

that each of the players wants to maximize his profits and minimize his losses.

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Answer 2

Qᴜᴇꜱᴛɪᴏɴ :

❥ Explain the theory of dominance in the solutions of rectangular game?

ᴀɴꜱᴡᴇʀ :

➩ The principle of dominance states that if one strategy of a player dominates over the other strategy in all conditions then the later strategy can be ignored. ... The concept of dominance is especially useful for the evaluation of two-person zero-sum games where a saddle point does not exist.

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