Flashcard sets with a 'nash equilibrium' term meaning '(game theory) a stable state of a system that involves several interacting participants in which no participant can gain by a change of strategy as long as all the other participants remain unchanged, in game theory, the result of all players' playing their best strategy given what their competitors are doing.'

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1-1 of 1Flashcard sets with a 'nash equilibrium' term meaning '(game theory) a stable state of a system that involves several interacting participants in which no participant can gain by a change of strategy as long as all the other participants remain unchanged, in game theory, the result of all players' playing their best strategy given what their competitors are doing.'
# Title Terms Date
1Ch. 16by asdavidson15 termsJuly 1, 2009
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