A point of equilibrium is a value that is simultaneously the maximum of a row and the minimum of a column.

Name: A point of equilibrium is a value that is simultaneously the maximum of a row and the minimum of a column.
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A point of equilibrium, often referred to as a saddle point in game theory, is a value that is simultaneously the minimum of a row and the maximum of a column, not the other way around.

A Point of Equilibrium Is a Value That Is Simultaneously