Nash Equilibrium
From Open Risk Manual
Revision as of 15:58, 22 May 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Nash Equilibrium'''. A course of actions (strategy, in game theoretic parlance) per party, such that no party would have any reason to deviate from his or...")
Definition
Nash Equilibrium. A course of actions (strategy, in game theoretic parlance) per party, such that no party would have any reason to deviate from his or her course of actions if all other parties were to pursue their courses of actions.
