Concept information
Preferred term
nash equilibrium
Definition(s)
- Nash equilibrium (NE) is a solution concept in game theory named after the mathematician and economist John Nash. Informally, a NE can be described as a situation in which each individual player obtains the maximum possible payoff given what the other players are doing. [Source: Encyclopedia of Power; Nash Equilibrium]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-PZJH71NT-X
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