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Respond to the question: Nash equilibrium?

07/26/2001 11:38 AM by name withheld; yes

yes [View full text and thread]

01/19/2001 09:47 AM by Brandon; Nash equilibrium

Ops, so sorry, I didn't answer all your questions :)

No, there are games where no Nash equilibrium exists.
I hope this helps :)

There are some mighty good books out there which you might wanna look up.
I've personally found this book to be really useful "Games for business and Economics" by Roy Gardner. I'm sure there are many more though. This is the book which I think Prof Levine uses for his class:
H.S. Bierman and L. Fernandez, Game Theory with Economic Applications, Addison-Wesley, ISBN 0-201-56298.
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01/19/2001 09:39 AM by Brandon; Nash equilibrium

John Nash, an American mathematician developed this equilibrium concept. Strategies in games are said to yield a Nash equilibrium if each strategy chosen maximises payoffs given the other player's choice. ie in Nash equilibrium, no [View full text and thread]

01/19/2001 06:48 AM by name withheld; Nash equilibrium

what is a nash equilibrium and do rational players always play a nash equilibrium? [View full text and thread]

01/19/2001 06:47 AM by name withheld; Nash equilibrium

what is a nash equilibrium and do rational players always play a nash equilibrium? [View full text and thread]