Strategic Dominance

Strategic Dominance

In game theory, dominant strategy (commonly called simply dominance) occurs when one strategy is better than another strategy for one player, no matter how that player's opponents may play. Many simple games can be solved using dominance. The opposite, intransitivity, occurs in games where one strategy may be better or worse than another strategy for one player, depending on how the player's opponents may play.

Read more about Strategic Dominance:  Terminology, Mathematical Definition, Dominance and Nash Equilibria, Iterated Elimination of Dominated Strategies (IEDS)

Famous quotes containing the words strategic and/or dominance:

    The strategic adversary is fascism ... the fascism in us all, in our heads and in our everyday behavior, the fascism that causes us to love power, to desire the very thing that dominates and exploits us.
    Michel Foucault (1926–1984)

    It is better for a woman to compete impersonally in society, as men do, than to compete for dominance in her own home with her husband, compete with her neighbors for empty status, and so smother her son that he cannot compete at all.
    Betty Friedan (b. 1921)