A Nash equilibrium is an outcome in a game where neither player has an incentive to change their behavior, given the action or strategy of the other player. It represents a state of mutual best responses.
Conditions: Applies to a specified game outcome.; Each player's action is evaluated against the other player's fixed action.; The definition concerns unilateral deviation incentives.
A Nash equilibrium is an outcome in a game where neither player has an incentive to change their behavior, given the action or strategy of the other player. It represents a state of mutual best responses.
Conditions: Applies to a specified game outcome.; Each player's action is evaluated against the other player's fixed action.; The definition concerns unilateral deviation incentives.