What is difference between a dominant and dominated strategy


Problem

1. What is the difference between a dominant strategy and a dominated strategy? Why would a player in a game be unlikely to choose a dominated strategy?

2. What is special about the game of Chicken? How does the game of Chicken differ from the prisoners' dilemma game?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is difference between a dominant and dominated strategy
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