A player is said to be rational if he maximizes expected value of his utility function, as described in the game. The previous lecture explored the implications of rationality. This was captured by dominance. In natural strategic environments, this often yields weak predictions. Moreover the games in which dominance alone leads to a sharp prediction (e. g. the games with a dominant strategy equilibrium) are not interesting for game theory because in such a game each player’s decision can be analyzed separately without requiring a game theoretical analysis.

True or False

True

Explanation:

A player is said to be rational if he maximizes expected value of his utility function, as described in the game. The previous lecture explored the implications of rationality. This was captured by dominance. In natural strategic environments, this often yields weak predictions. Moreover the games in which dominance alone leads to a sharp prediction (e.g. the games with a dominant strategy equilibrium) are not interesting for game theory because in such a game each player’s decision can be analyzed separately without requiring a game theoretical analysis.In games,it is common knowledge that every player is rational but one assumes much more than rationality

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported

answer; enforce the rules;