What is a Nash equilibrium – McqOptions

MCQOPTIONS

1.	What is a Nash equilibrium
A.	a strategy for each player such that total payoffs are maximized
B.	a strategy for a person such that the person maximizes payoff given the strategies of others
C.	a strategy that maximizes payoff
D.	a strategy for each person such that everyone maximizes payoff given the strategies of others
Answer» B. a strategy for a person such that the person maximizes payoff given the strategies of others

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