Strict and Weak Dominance in Game Theory
Автор: econhelp
Загружено: 2023-12-01
Просмотров: 15080
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Hi everyone in this video I discuss the difference between strictly dominant and weakly dominant strategies in game theory.
0:00 Introduction
0:25 Definitions
1:52 An example of a strictly Dominant Strategy (Down Strictly Dominates Up, Up Strictly Dominated by Down)
4:14 An Example of a Weakly Dominant Strategy (Down Weakly Dominates Up, Up Weakly Dominated by Down)
6:40 Strict Dominance Implies Weak Dominance
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