Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Which of the following circumstances in an industry will result in a Nash equilibrium?

 a. All firms have a dominant strategy and each firm chooses its dominant strategy. 

 b. All firms have a dominant strategy, but only some choose to follow it. 

 c. All firms have a dominant strategy, and none choose it. 

 d. None of the above is correct. 

user-image
Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/06/21
Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

a. All firms have a dominant strategy and each firm chooses its dominant strategy. .................................................................................................................

Sashikanta Mohapatra
by Sashikanta Mohapatra , Manager - Business Development/Sales Process Deployment , Vodafone Spacetel Limited

1ST OPTION... Option A.........

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

Agree with Mr emad...............................

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

Option " A " Is Right Answer

 

Georges Aref Chaoul
by Georges Aref Chaoul , Business Unit Director - Consumer Services , Kaizen Asset Management Services

(A)                                   Thank You.

Salvatore Augello
by Salvatore Augello , owner , A.S. Trade & Consult

it's answer A ______________________________

Ghulam Ishaq
by Ghulam Ishaq , Sales Assistant , Easy Taxi

 c. All firms have a dominant strategy, and none choose it

Deleted user
by Deleted user

  1. The correct answer was: a. All firms have a dominant strategy and each firm chooses its dominant strategy.. 
  2. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : Option ( A ) ,,,,,,,