Dominant strategy equilibrium

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf Game theory concept
gptkbp:appliesTo Strategic games
gptkbp:characteristic Each player chooses a strategy that is best regardless of others' choices
gptkbp:contrastsWith Weakly dominant strategy equilibrium
Nash equilibrium (not all Nash equilibria are dominant strategy equilibria)
gptkbp:definedIn A strategy profile where each player's strategy is their dominant strategy
gptkbp:example gptkb:Prisoner's_Dilemma
gptkbp:firstDescribed gptkb:John_von_Neumann
gptkb:Oskar_Morgenstern
https://www.w3.org/2000/01/rdf-schema#label Dominant strategy equilibrium
gptkbp:implies gptkb:Nash_equilibrium
gptkbp:relatedTo gptkb:Nash_equilibrium
gptkbp:studiedBy Mathematicians
Economists
Political scientists
gptkbp:usedIn gptkb:Game_theory
gptkbp:bfsParent gptkb:Mechanism_design
gptkb:Nash_Equilibrium
gptkbp:bfsLayer 7