Nash equilibrium


https://en.wikipedia.org/wiki/Nash_equilibrium

If each player has chosen a strategy – an action plan based on what has happened so far in the game – and no one can increase one’s own expected payoff by changing one’s strategy while the other players keep theirs unchanged, then the current set of strategy choices constitutes a Nash equilibrium.


Leave a Reply

Your email address will not be published. Required fields are marked *

Skip to content