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An Equilibrium in Which Each Player Chooses Its Best Strategy

question 185

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An equilibrium in which each player chooses its best strategy given the strategies chosen by the other players is called a Nash equilibrium.


Definitions:

Breastplate

A piece of armor covering the chest, used historically by soldiers for protection in battle.

Rib Cage

The set of bones surrounding the chest that protects vital organs such as the heart and lungs.

Triangular-Shaped

Having the shape of a triangle, characterized by three sides and three angles.

Fused Vertebrae

Vertebrae that have grown together or have been surgically joined to increase spinal stability.

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