In a game theory model, how is Nash equilibrium achieved?
What will be an ideal response?
Nash equilibrium is achieved as a result of all players playing their best strategy given the strategy of other players.
Economics
You might also like to view...
Can U.S. manufacturing job losses be attributed to the growth of manufacturing in China?
What will be an ideal response?
Economics
From 1960 to about 1980 the net capital outflow of the U.S. was typically
a. small but always positive. b. small and sometimes negative and sometimes positive. c. large and positive. d. large but sometimes negative and sometimes positive.
Economics