pull down to refresh
30 sats \ 2 replies \ @TheMorningStar 3 Dec \ on: [Economics Puzzle] John Nash was wrong? econ
Thanks. Not looking for reward but please tell me if it's the correct explanation of Nash theory?
Nash equilibrium, in game theory, an outcome in a noncooperative game for two or more players in which no player's expected outcome can be improved by changing one's own strategy.
Yes, that's correct. In a Nash equilibrium, no one player can improve their outcome by unilaterally changing their own strategy.
reply
Thank you for some new learning.
reply