Questions and Answers
What is the Nash equilibrium in game theory?
A solution where no player has anything to gain by changing only their own strategy
What does it mean for a strategy choice to constitute a Nash equilibrium?
No player can increase their expected payoff by changing only their own strategy
Who is the mathematician after whom the Nash equilibrium is named?
John Nash
When is (A, B) considered a Nash equilibrium for Alice and Bob's strategies?
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What did Nash prove regarding the existence of Nash equilibrium?
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