Abstract
In game theory, a Nash equilibrium is an array of strategies, one for each player, such that no player can obtain a higher payoff by switching to a different strategy while the strategies of all other players are held fixed.
- Title
- What is Nash equilibrium?
- Creators - without role
- Jörgen Weibull - Stockholm School of Economics, Department of EconomicsRajiv Sethi - Columbia University (US)
- Publication Details
- Notices of the American Mathematical Society, Vol.63(5), pp.526-528
- Publisher
- American Mathematical Society
- Number of pages
- 3
- Identifiers
- 991001479442206056
- Academic Unit
- Department of Economics
- Language
- English
- Resource Type
- Journal article