 Graph for use in a Nash Equilibrium example. Image by Luis von Ahn, Andrew Krieger, via Wikimedia Commons. Licensed Public domain |
Gene NashNash equilibrium Nash equilibrium Solution concept of a non-cooperative game In game theory, a Nash equilibrium is a situation where no player could gain more by changing their own strategy (holding all other players' strategies fixed) in a game. Nash equilibrium is the most commonly used solution concept for non-cooperative games.[1] Quick facts Relationship, Subset of ... Nash equilibrium Solution concept in game theory Relationship Subset of Rationalizability, Epsilon-equilibrium, Correlated equilibrium Superset of Evolutionarily stable strategy, Subgame perfect equilibrium, Perfect Bayesian equilibrium, Trembling hand perfect equilibrium, Stable Nash equilibrium, Strong Nash equilibrium Significance Proposed by John Forbes Nash Jr. Used for All non-cooperative games Close If each player has chosen a strategy — an action plan based on what has… (Source: Wikipedia)
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