In a Nash equilibrium
A) each player tries to maximize the welfare of the other players.
B) each player tries to minimize the welfare of the other players.
C) one player is made better off at the expense of another player.
D) each player selects the best possible strategy, given the other player's intended strategies.

Question

Quizplus · Accepted Answer

In a Nash equilibrium, each player selects the best possible strategy, given the other player's intended strategies, ensuring that no player has anything to gain by changing only their own strategy unilaterally.

In a Nash Equilibrium