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A Nash equilibrium i. is named after the Nobel prize winning economist, John Nash.
Ii. occurs when each player chooses the best strategy given the strategy of the other player.
Iii. must give the best possible outcome for each player.
Generativity
A stage of psychosocial development where adults strive to create or nurture things that will outlast them, often by parenting or contributing to society.
Empirical Method
The process of acquiring knowledge through observation and experimentation rather than through theoretical speculation.
Psychology Class
An academic course focused on the study of the mind, brain, and behavior.
Course Policy
The set of rules and guidelines provided by an educational or training program that outlines expectations and procedures.
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