Every Finance, psychologist, economist infect each n every person from every walk of life must watch movie A Beautiful Mind In game theory, the Nash equilibrium is a solution concept of a non-cooperative game involving two or more players, in which each player is assumed to know the equilibrium strategies of the other players, and no player has anything to gain by changing only their own strategy.[1] If each player has chosen a strategy and no player can benefit by changing strategies while the other players keep theirs unchanged, then the current set of strategy choices and the corresponding payoffs constitutes a Nash equilibrium.
Posted on: Fri, 23 Jan 2015 21:20:29 +0000
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