one of the fundamental concepts in game theory

Nash equilibrium is one of the fundamental concepts in game theory.

a situation where no player can benefit from unilaterally changing their strategy

Though a Nash equilibrium is a situation where no player can benefit from unilaterally changing their strategy, that doesn’t mean that a Nash equilibrium represents the ideal solution to a game.

a solution concept of non-cooperative game, in which each player is assumed to know the equilibrium strategies of the other players

In a game theory, the “Nash Equilibrium” is a solution concept of non-cooperative game, in which each player is assumed to know the equilibrium strategies of the other players.

a kind of optimal strategy for games involving two or more players, whereby the players reach an outcome to mutual advantage

The Nash equilibrium (named after John Nash, John Nash of The Beautiful Mind) is a kind of optimal strategy for games involving two or more players, whereby the players reach an outcome to mutual advantage.

a set of strategies, , one for each playersuch that no player can improve common knowledge[a's payoff by unilaterally changing common knowledge[a's strategy

A Nash equilibrium is a set of strategies, one for each player, such that no player can improve common knowledge[a's payoff by unilaterally changing common knowledge[a's strategy.

a set of strategies, , one for each playersuch that no player has incentive to unilaterally change John Nash's action

A Nash equilibrium, named after John Nash, is a set of strategies, one for each player, such that no player has incentive to unilaterally change John Nash's action.

a solution concept of a game involving two or more players, in which each player is assumed to know the equilibrium strategies of the other players,

The Nash equilibrium is a solution concept of a 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 Nash's own strategy unilaterally14, 15.

a set of strategies that, once discovered by a set of players, provides a stable fixed point at which no one has an incentive to depart from their current strategy

In game theory, a Nash equilibrium is a set of strategies that, once discovered by a set of players, provides a stable fixed point at which no one has an incentive to depart from their current strategy.

a set of strategies or actions () such that each player is doing the best each player can, given the actions of each player's opponents

Nash equilibrium is a set of strategies (or actions) such that each player is doing the best each player can, given the actions of each player's opponents.

a stable state of a system where no participant can change the strategy independently

Nash equilibrium is a stable state of a system where no participant can change the strategy independently.

a strategy profile such that no player has incentive to deviate from unilaterally

Recall that a Nash Equilibrium is a strategy profile such that no player has incentive to deviate from unilaterally.

A play of the game where each strategy is a best reply to the other

A play of the game where each strategy is a best reply to the other is a Nash equilibrium.

a set of strategies, , one for each playersuch that no player has incentive to change the Road Runner's or the Road Runner's strategy given what the other players are doing

Technically, a Nash equilibrium is a set of strategies, one for each player, such that no player has incentive to change the Road Runner's or the Road Runner's strategy given what the other players are doing.

a set of strategies such that each player is doing the bestgiven the actions of the actions's opponents

Nash equilibrium is a set of strategies such that each player is doing the bestgiven the actions of the actions's opponents.

a set of strategies (or actions)

Nash equilibrium is a set of strategies (or actions)

a set of strategies, , one for each player of the gamesuch that no player can benefit by changing IGI Global's strategy unilaterally, i.e. while the other players keep their strategies unchanged (Nash, 1951)

In particular, a Nash equilibrium is a set of strategies, one for each player of the game, such that no player can benefit by changing IGI Global's strategy unilaterally, i.e. while the other players keep their strategies unchanged (Nash, 1951).

a set of strategies, one for each player, such that no player has incentive to change E. Coyote's or

Technically, a Nash equilibrium is a set of strategies, one for each player, such that no player has incentive to change E. Coyote's or