Examples of 'nash equilibria' in a sentence
Meaning of "nash equilibria"
Nash equilibria, named after the mathematician John Nash, refers to a concept in game theory where all players in a strategic game have reached an optimal decision, given the decisions of the other players. In a Nash equilibrium, no player has an incentive to unilaterally change their strategy, as it would not result in a better outcome for themselves. Nash equilibria are commonly studied and employed in economics, social sciences, and other fields that involve strategic decision-making
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How to use "nash equilibria" in a sentence
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nash equilibria
Nash equilibria in this type of game.
So considerthe game of chicken in which there are three nash equilibria.
Nash equilibria with equally scoring alternatives can be ESSes.
So consider the game of chicken in which there are three nash equilibria.
There are two Nash equilibria in this game.
Some rationalizable equilibria are not Nash equilibria.
Mixed strategy Nash equilibria may be inefficient.
Discoordination games have no pure Nash equilibria.
There are no Nash equilibria in this game.
First we need to argue that there exist pure Nash equilibria.
Both strategies are Nash equilibria of the game.
We have to distinguish three cases as we have three possible types of Nash equilibria.
One can divide Nash equilibria into two types.
Its most important use is in proving the existence of Nash equilibria in game theory.
An application of Nash equilibria is in determining the expected flow of traffic in a network.
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And the others are not Nash equilibria.
Pure strategy Nash equilibria are Nash equilibria where all players are playing pure strategies.
A game may have multiple Nash equilibria or none at all.
Mixed strategy Nash equilibria are equilibria where at least one player is playing a mixed strategy.
A game may include multiple Nash equilibria or none of them.
Nash equilibria are self-enforcing agreements.
Five different classes of Nash equilibria and provides examples of.
This is essentially the same as the refinement problem when multiple Nash equilibria occur.
And let us look for Nash equilibria in this game.
This last example points to an important difference between Nash equilibria and ESS.
Some games may have Nash equilibria that are not ESSes.
Crawford and Sobel characterize possible Nash equilibria.
One problem with various Nash equilibria is that they are not always unique.
There are however several Nash equilibria.
There are many Nash equilibria in the Nash bargaining game.
In this game, there are three Nash equilibria.
In addition to the pure strategy Nash equilibria there is one mixed strategy Nash equilibrium.
In some simple games, it is easy to spot Nash equilibria.
There are two Nash equilibria or two specifically pure strategy Nash.
There is an easy numerical way to identify Nash equilibria on a payoff matrix.
Strong Nash Equilibria in repeated games.
We note in passing that the Nash equilibria are not unique.
Nevertheless, it is possible for there to be multiple strong Nash equilibria.
Once again we show the existence of Nash equilibria via the solution of the BSDE.
The algorithm can find at most n + m different Nash equilibria.
In mexico, there are two nash equilibria in simultaneous games.
In this perspective, institutions arise from Nash equilibria.
Moroever, the paper shows that the extremal Nash equilibria also often possess extremal welfare properties.
Like all forms of the game, there are three Nash equilibria.
In particular, as Nash equilibria is in PPAD and is moreover.
A very simple example of a game with Nash equilibria is,.
As a consequence, all ESS are Nash equilibria, but not all Nash equilibria are ESS.
On the other hand, weakly dominated strategies may be part of Nash equilibria.
Sometimes, a game may have none Nash Equilibria at all or multiple.
Mr Selten 's work let economists whittle down the number of possible Nash equilibria.
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Examples of using Equilibria
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Determination of phase equilibria and phase diagrams
These equilibria depend on the pH of the wine
Examples of using Nash
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Nash is going to stun us all with his genius
Tox just came in for bernie nash
Nash would have had other victims