Tell It by Myself…
It is a knowledge point in the Game Theory It tell us that in Game Theory, if a play “won’t lose” in every case, it can be called as the Dominant Strategy
The player doesn’t need to care what other players do.
So that it is easy to get this firm(player) has an advantage in this market.
There are four probable outcomes in game theory – the strict dominant, the weak dominant, the equivalent, and the intrusive.
For example, there is no Dominant Strategy in the Prisoner’s dilemma.