All players within a game maximizing their expected outcome given the information they have is called a
A) Nash equilibrium.
B) dominant strategy.
C) prisoner's dilemma.
D) focal point.

Question

Quizplus · Accepted Answer

A Nash equilibrium occurs when all players in a game are choosing their best possible strategy, given the strategies chosen by the other players. This means each player is maximizing their expected outcome based on the information available to them.

All Players Within a Game Maximizing Their Expected Outcome Given