A Nash Equilibrium

question 63

Multiple Choice

A Nash equilibrium:

• A)is reached when all players choose the best strategy they can,given the choices of all other players.
• B)is a point in a game when no player has an incentive to change his or her strategy,given what the other players are doing.
• C)is a concept named after the famous game theorist John Nash.
• D)All of these statements are true.