nash equilibrium Antonyms

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Meaning of nash equilibrium

Wordnet

nash equilibrium (n)

(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

nash equilibrium Sentence Examples

  1. In game theory, a Nash equilibrium occurs when no player can unilaterally improve their outcome given the choices of the other players.
  2. The Nash equilibrium in a game can be found by calculating the best response of each player to the strategies of the other players.
  3. Finding the Nash equilibrium in a game can be complex, especially in games with multiple players and complex strategies.
  4. The Nash equilibrium provides a solution to the problem of finding the optimal strategy in a game where players have conflicting interests.
  5. In the classic Prisoner's Dilemma game, the Nash equilibrium is to defect, even though this outcome is not Pareto efficient.
  6. In an auction, the Nash equilibrium bid for a buyer is the price that maximizes their expected profit.
  7. The Nash equilibrium in a game can be sensitive to changes in the parameters of the game, such as the payoffs or the number of players.
  8. In the game of Chicken, the Nash equilibrium is to swerve, even though this outcome could lead to a collision.
  9. The Nash equilibrium concept has been extended to other fields, such as economics and evolutionary biology.
  10. In signaling games, the Nash equilibrium involves sending signals that credibly convey information about the player's type or intentions.

FAQs About the word nash equilibrium

(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

No synonyms found.

No antonyms found.

In game theory, a Nash equilibrium occurs when no player can unilaterally improve their outcome given the choices of the other players.

The Nash equilibrium in a game can be found by calculating the best response of each player to the strategies of the other players.

Finding the Nash equilibrium in a game can be complex, especially in games with multiple players and complex strategies.

The Nash equilibrium provides a solution to the problem of finding the optimal strategy in a game where players have conflicting interests.