A Nash Equilibrium Is a Condition

question 109

Multiple Choice

A Nash equilibrium is a condition

• A)that results in the highest payoff to a player regardless of the opponent's action.
• B)that guarantees the highest payoff given the worst possible scenario.
• C)that describes a set of strategies in which no player can improve her payoff by unilaterally changing her own strategy, given the other players' strategies.
• D)whereby a player randomizes over two or more available actions in order to keep rivals from being able to predict her action.

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