If a check mark is put next to each player's best response in a payoff table, then an outcome cell with a check mark from each player is called:
A)a Coase payoff solution.
B)an interaction equilibrium.
C)a game-based solution.
D)a Nash equilibrium.

Question

Quizplus · Accepted Answer

A Nash equilibrium is a solution concept in game theory wherein no player has an incentive to change their strategy, given the strategies of the other players. If a cell has a check mark from each player, it signifies that they are all playing their best response, and therefore, the outcome is a Nash equilibrium.

If a Check Mark Is Put Next to Each Player's