In a Nash equilibrium

Question

Quizplus · Accepted Answer

In a Nash equilibrium, no player can improve their outcome by changing only their own strategy, as all players are already playing their best response to each other's strategies. However, it is possible for players to improve their outcome by changing another player's strategy or by forcing other players to adopt their dominant strategies. Therefore, Option A and Option B are incorrect. Option C may or may not be true, as players may or may not play their dominant strategies in a Nash equilibrium. Option D is incorrect as well because if a player can improve their outcome by changing other player's strategies, then they are not in a Nash equilibrium.

In a Nash Equilibrium