Tushar Vashnavi

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When a simultaneous-move game has this special feature, namely that for a player the best choice is the same regardless of what the other player or players choose, it greatly simplifies the players’ thinking and the game theorists’ analysis. Therefore it is worth making a big deal of it, and looking for it to simplify the solution of the game. The name given by game theorists for this property is dominant strategy. A player is said to have a dominant strategy if that same strategy is better for him than all of his other available strategies no matter what strategy or strategy combination the ...more
The Art of Strategy: A Game Theorist's Guide to Success in Business and Life
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