3. Dominance versus Best response (Game Theory Playlist 2)

This episode compares and contrasts the concepts of best response and strictly dominated strategies. We describe the concept of undominated strategies and argue how these strategies are related to best response strategies in a two person game. It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.