Dominant Strategy
A strategy that yields at least as high a payoff as any alternative regardless of others' play.
Definition
strictly dominates if for all ; weak dominance replaces with (strict for some ).
A strategy is (strictly) dominant if it (strictly) dominates every other strategy in .
Intuition
It's the best choice for player no matter what the opponents do — there is no scenario in which switching is better.
A dominant strategy makes strategic reasoning unnecessary: you should play it unconditionally.
Worked example
In the Prisoner's Dilemma, Defect strictly dominates Cooperate.
In a second-price (Vickrey) auction, truthfully bidding your value is a weakly dominant strategy.
The math
If every player has a strictly dominant strategy, the resulting profile is the unique Nash equilibrium (a dominant-strategy equilibrium).
Iterated elimination of strictly dominated strategies never removes a Nash equilibrium and commutes with order.
Where it is used
Dominant-strategy incentive compatibility (DSIC) is the gold standard in mechanism design — see VCG mechanisms.
Used to simplify analysis of auctions, voting rules, and contract design.
More in Game theory
Assembled from the ReLU.chat curated knowledge base. These explanations are concise on purpose; check the sources for anything important.