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- In game theory, the Nash equilibrium is the most commonly-used solution concept for non-cooperative games. A Nash equilibrium is a situation where no...59 KB (8,755 words) - 01:34, 10 August 2024
- game theory, a subgame perfect equilibrium (or subgame perfect Nash equilibrium) is a refinement of a Nash equilibrium used in dynamic games. A strategy...11 KB (1,544 words) - 07:30, 8 September 2023
- Bayesian game (redirect from Bayesian Nash equilibrium)setting would be irrational to compute. A Bayesian-Nash Equilibrium of a Bayesian game is a Nash equilibrium of its associated ex-ante normal form game. In...25 KB (3,258 words) - 05:35, 14 August 2024
- In game theory, a strong Nash equilibrium (SNE) is a combination of actions of the different players, in which no coalition of players can cooperatively...7 KB (959 words) - 01:53, 19 May 2024
- of equilibrium in economics also applies to imperfectly competitive markets, where it takes the form of a Nash equilibrium. An economic equilibrium is...23 KB (2,927 words) - 03:14, 28 January 2024
- University Department of Mathematics, Nash introduced a number of concepts (including Nash equilibrium and the Nash bargaining solution) which are now considered...69 KB (7,380 words) - 00:06, 21 August 2024
- Evolutionarily stable strategy (redirect from Evolutionary stable equilibrium)In game-theoretical terms, an ESS is an equilibrium refinement of the Nash equilibrium, being a Nash equilibrium that is also "evolutionarily stable." Thus...24 KB (2,914 words) - 21:48, 28 July 2024
- Around this same time, John Nash developed a criterion for mutual consistency of players' strategies known as the Nash equilibrium, applicable to a wider variety...140 KB (15,598 words) - 19:48, 25 August 2024
- Cournot competition (redirect from Cournot-Nash equilibrium)Response" to the other firm's level of output. We can now find a Cournot-Nash Equilibrium using our "Best Response" functions above for the output quantity of...28 KB (4,377 words) - 13:08, 14 October 2023
- Coordination games also have mixed strategy Nash equilibria. In the generic coordination game above, a mixed Nash equilibrium is given by probabilities p = (d-b)/(a+d-b-c)...17 KB (2,242 words) - 17:50, 11 May 2024
- Cooperative bargaining (redirect from Nash bargaining game){\displaystyle d=0} . There are many Nash equilibria in the Nash demand game. Any x and y such that x + y = z is a Nash equilibrium. If either player increases...16 KB (2,007 words) - 20:59, 31 May 2024
- strategy coincides with the symmetric Nash equilibrium. This follows from the fact that any ESS must be a Nash equilibrium and the fact that no pure persistence...8 KB (1,188 words) - 08:08, 18 June 2024
- "Chicken" and "Hawk–Dove", the only symmetric Nash equilibrium is the mixed strategy Nash equilibrium, where both individuals randomly chose between...34 KB (4,424 words) - 07:14, 18 June 2024
- Stackelberg competition (redirect from Stackelberg equilibrium)commitment. The Stackelberg model can be solved to find the subgame perfect Nash equilibrium or equilibria (SPNE), i.e. the strategy profile that serves best each...25 KB (4,267 words) - 13:07, 14 October 2023
- Focal point (game theory) (redirect from Focal equilibrium)choosing any square and in this sense, all squares are technically a Nash equilibrium. The red square is the "right" square to select only if a player can...12 KB (1,691 words) - 20:29, 28 May 2024
- epsilon-equilibrium, or near-Nash equilibrium, is a strategy profile that approximately satisfies the condition of Nash equilibrium. In a Nash equilibrium, no...9 KB (1,402 words) - 23:21, 11 March 2024
- {T}}By} . Every bimatrix game has a Nash equilibrium in (possibly) mixed strategies. Finding such a Nash equilibrium is a special case of the Linear complementarity...3 KB (426 words) - 20:24, 4 July 2023
- Solution concept (redirect from Equilibrium refinement)game. The most commonly used solution concepts are equilibrium concepts, most famously Nash equilibrium. Many solution concepts, for many games, will result...12 KB (1,626 words) - 15:51, 13 March 2024
- the Bertrand equilibrium is a weak Nash-equilibrium. The firms lose nothing by deviating from the competitive price: it is an equilibrium simply because...24 KB (3,405 words) - 21:24, 30 April 2024
- Strategic dominance (redirect from Dominant strategy equilibrium)"dominant strategy equilibrium". However, that Nash equilibrium is not necessarily "efficient", meaning that there may be non-equilibrium outcomes of the...10 KB (1,270 words) - 15:34, 9 August 2024
- Named after American mathematician John Forbes Nash Jr. Nash equilibrium (plural Nash equilibria) (game theory) The set of choices of players' strategies
- 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
- threw light upon vestiges of Roman occupation in his native county which Nash and other historians had regarded as unidentified. Marrying Catherine, daughter
- might choose. With the idea of best responses, Nash equilibrium can be restated as: A Nash equilibrium is a collection of strategies (one for each player)