At Nash equilibrium, firms choose their ideal strategy without taking the possible strategies of their competitors into consideration.

Name: At Nash equilibrium, firms choose their ideal strategy without taking the possible strategies of their competitors into consideration.
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At Nash equilibrium, firms consider the possible strategies of their competitors and choose their ideal strategy accordingly. This is because the success of their strategy depends on the actions of their competitors.

At Nash Equilibrium, Firms Choose Their Ideal Strategy Without Taking