| / English Dictionary |
NASH EQUILIBRIUM
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
(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
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("Nash equilibrium" is a kind of...):
equilibrium (a stable situation in which forces cancel one another)
Domain category:
game theory; theory of games ((economics) a theory of competition stated in terms of gains and losses among opposing players)
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