A Nash equilibrium occurs when no player in the game has an incentive to change his or her strategy unilaterally.

Question

Quizplus · Accepted Answer

A Nash equilibrium is a stable state in which no player has any incentive to deviate from his or her current strategy, given the strategies of the other players. Any deviation by a player would result in an outcome that is worse for that player, making a Nash equilibrium a self-enforcing outcome.

A Nash Equilibrium Occurs When No Player in the Game