A Nash equilibrium is an outcome where
A) both players are playing their best strategy, given the strategy chosen by the opponent.
B) both players are playing their best strategy, regardless of the strategy chosen by the opponent.
C) only one player can play his or her best strategy due to the strategy chosen by the opponent.
D) neither player has a best strategy to play.

Question

Quizplus · Accepted Answer

A Nash equilibrium occurs when each player in a game is playing their best strategy given the strategies chosen by the other players. This means each player's strategy is an optimal response to the strategies of the others.

A Nash Equilibrium Is an Outcome Where