juniorGame Theory
What is dominant strategy in Game Theory?
Updated May 16, 2026
Short answer
A dominant strategy is one that gives a higher payoff regardless of what others do.
Deep explanation
A strategy is dominant if it always performs better than any alternative strategy for a player, no matter what opponents choose. Not all games have dominant strategies.
Real-world example
Used in bidding strategies where one option always yields better returns.
Common mistakes
- Assuming every game has a dominant strategy.
Follow-up questions
- What is a weak dominant strategy?
- Do Nash equilibria require dominant strategies?