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Concept information

Preferred term

nash equilibrium  

Definition

  • Nash equilibrium (NE) is a solution concept in game theory named after the mathematician and economist John Nash. Informally, a NE can be described as a situation in which each individual player obtains the maximum possible payoff given what the other players are doing. [Source: Encyclopedia of Power; Nash Equilibrium]

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URI

http://data.loterre.fr/ark:/67375/N9J-PZJH71NT-X

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