Nash equilibrium/Related Articles
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Nash equilibrium: A situation in game theory in which no player can improve his position, given the responses of the other players. [e]
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Parent topics
- Game theory [r]: A field of mathematics commonly associated with economics that provides models for behavior in many diverse situations, and is used in many academic fields from politics to computer science. [e]
- John Forbes Nash, Jr. [r]: Add brief definition or description
Subtopics
- Prisoner's dilemma [r]: In game theory, a non-zero sum game in which mutual cooperation is better for all participants than uncoordinated attempts to maximize individual personal gains. [e]
- Pareto efficiency [r]: A Pareto-efficient situation is defined as one from which no change could benefit anyone without harming someone else, and the Pareto criterion for the assessment of a change requires that someone must gain from it and no-one most lose. [e]
- Zero-sum game [r]: Situation in which a gain by one person or side must be matched by a loss by another person or side. [e]