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Business, 06.12.2021 19:10 wayneh24

We do not consider randomization. The relationship between a Nash equilibrium and an equilibrium in dominant strategies is that:. i. an equilibrium in dominant strategies is a special case of a Nash equilibrium.
ii. a Nash equilibrium is a special case of an equilibrium in dominant strategies.
iii. they are the same.
iv. a Nash equilibrium always exists, but an equilibrium in dominant strategies may not exist.

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