In a Nash equilibrium:
A) the strategy played by an individual depends upon the strategy played by other players
B) the strategy played by each individual is a best response to the strategies played by everyone else
C) there is no incentive for any player to deviate
D) All of these are correct.

Question

Quizplus · Accepted Answer

In a Nash equilibrium, all of the choices are correct. Every player's strategy is a best response to the strategies played by everyone else, and there is no incentive for any player to deviate from their strategy, as doing so will not improve their outcome. Therefore, the strategy played by an individual does depend on the strategy played by other players.

In a Nash Equilibrium