The equilibrium outcome used in both the sequential and simultaneous move games is known as
A)The centrality equilibrium
B)First mover equilibrium
C)Nash equilibrium
D)All of the above

Question

​The equilibrium outcome used in both the sequential and simultaneous move games is known as
A)​The centrality equilibrium
B)First mover equilibrium
C)Nash equilibrium
D)​All of the above

Quizplus · Accepted Answer

The equilibrium outcome used in both sequential and simultaneous move games is known as the Nash equilibrium. This is the point at which no player has an incentive to deviate from their strategy, given the strategies of the other players. The other answer choices (A and B) are not commonly used terms in game theory.

​The Equilibrium Outcome Used in Both the Sequential and Simultaneous

The Equilibrium Outcome Used in Both the Sequential and Simultaneous