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A Nash Equilibrium Occurs When No Player in the Game

question 51

True/False

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


Definitions:

Afferent Nerves

Also called sensory nerves; nerves that carry information about the external environment to the brain and spinal cord via sensory receptors.

Electrochemical Messages

The method by which neurons communicate with each other, involving electrical signals and chemical neurotransmitter substances.

Olfactory

This term relates to the sense of smell.

Efferent

Nerve fibers that convey impulses away from the central nervous system to effectors (muscles or glands), initiating action or movement.

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