Definition of Nash equilibrium

1. Noun. (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.

Category relationships: Game Theory, Theory Of Games
Generic synonyms: Equilibrium

Definition of Nash equilibrium

1. Noun. (game theory) The set of choices of players' strategies for which no player can benefit by changing his or her strategy assuming that the other players keep theirs unchanged. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Nash Equilibrium

Narragansett Bay
Narragansetts
Narsingdi District
Narthecium
Narthecium americanum
Narthecium ossifragum
Narutard
Narutards
Naruto
Narva
Naryan-Mar
Nasalis
Nasalis larvatus
Naseby
Nash
Nash equilibrium
Nashi
Nashian
Nashik
Nashville
Nashville hot chicken
Nashville sound
Nashvillian
Nashvillians
Nasik vibrio
Naskh
Nasmyth
Nasmyth's cuticle
Nasmyth's membrane

Literary usage of Nash equilibrium

Below you will find example usage of this term as found in modern and/or classical literature:

1. Selecting Product Development Projects: Pioneering Versus Incremental (1993)
"That is, [A3] or [B,A] form unique nash equilibrium solutions. We find, for example, that for the case of independent demand functions in Table 3, ..."

2. School-linked Human Services: A Comprehensive Strategy for Aiding Students by DIANE Publishing Company (1994)
"That is, [A,B] or [B,A] form unique nash equilibrium solutions. We find, for example, that for the case of independent demand functions in Table 3, ..."

3. Globalization of the Mass Media (1994)
"A "nash equilibrium" exists if no player has an incentive to change its current strategy given the strategies adopted by the other players. ..."

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