Deviating from the line

Sigmund, K. (1999). Deviating from the line. Nature 400 (6740) 129-130. 10.1038/22041.

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In 1994, John Forbes Nash Jr received the Nobel Prize in Economics for a one-page note published in 1950. It introduced what today is called the Nash equilibrium, arguably the most basic concept, not just for game theory, but for every model of a social situation where the consequences, for each agent involved, depend not only on their own actions but also on those of the others. In a Nash equilibrium, none of the 'players' has an incentive to change strategy as long as the other players keep to theirs...

Item Type: Article
Research Programs: Adaptive Dynamics Network (ADN)
Bibliographic Reference: Nature; 400(6740):129-130 (8 July 1999)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 02:10
Last Modified: 27 Aug 2021 17:36

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