Dominant strategy/Nash equilibrium

What is the relation between a dominant strategy and a Nash equilibrium?

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I need the following question answered by reading this article I have no time to do it..Thanks...The article has to do with gloablization...Article is about 14 pages...I will provide the article.. what does Kapstein think have been the most stabilizing and de-stabilizing economic forces in the post World War II era have been?

Game theory - Build a cordination game for strategic initiatives. Use the Arrow technique to identify the Equilibria.

Using the example of coordination problems in the market for HDTV, show the game in strategic form using hypothetical payoffs of your choice. Use the arrow technique to identify the equilibria. See the attached file for full problem description

Equilibria

Some foolish teenagers play "chicken" of Friday nights. Two teenagers drive their cars at each other at high speeds. The first to swerve to the side is the "chicken" and loses. If both swerve out of the way, they are both chickens and both lose. Neither of the drivers wants to get into an accident. It causes a significant loss in utility (possibly death). However, both do not want to be known as a chicken. This causes some loss in utility. a. What is the equilibrium of this game? b. Do you think the tow drivers will necessarily produce an equilibrium outcome? c. Do you think the chances are better or worse for achieving an equilibrium outcome if the two players know each other?... click for more

Game theory: Payoff matrix, strategy: Construct a payoff matrix for the players that captures the essence of the decision of Barbara and Juanita to cooperate or monopolize the offensive game. a. If the players play only once, what strategy do you expect the players to adopt? b. If the players expect to play in many games together, what strategy do you expect the players to adopt? Explain.

Two basketball players, Barbara and Juanita, are the best offensive players on the school's team. They know if they "cooperate" and work together offensively-feeding the ball to each other, providing screens for the other player, and the like- they can each score 12 points. If one player "monopolizes" the offensive game, while the other player "cooperates," however, the player who monopolizes the offensive game can score 18 points, while the other player can only score 2 points. If both players try to monopolize the offensive game, they each score 8 points. Construct a payoff matrix for the players that captures the essence of the decision of Barbara and Juanita to cooperate or monopoli... click for more