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Loraine Loraine
wrote...
Posts: 4563
9 years ago
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.
A) i only
B) ii only
C) iii only
D) i and ii
E) ii and iii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 181 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
VincenzoDVincenzoD
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Top Poster
Posts: 1913
8 years ago
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Loraine Author
wrote...

9 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
Smart ... Thanks!
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