nash equilibrium

1. 1.

   (game theory) a stable state of a system that involves several interacting participants in which no participant can gain by a change of strategy as long as all the other participants remain unchanged

   Broaderequilibrium

   game theory

Questions about nash equilibrium

What does nash equilibrium mean?

nash equilibrium means "(game theory) a stable state of a system that involves several interacting participants in which no participant can gain by a change of strategy as long as all the other participants remain unchanged".

Is nash equilibrium a common word?

nash equilibrium is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.