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227 sats \ 1 reply \ @Arceris 3 Dec \ on: [Economics Puzzle] John Nash was wrong? econ
Nice hook, but the Real Nash isn’t wrong 🤣
I, however, may be (and I probably am) wrong.
But I believe the formal design of a nash equilibrium doesn’t require coordination between the actors, whereas the movie version seems to imply that the men need to cooperate (in a kind of prisoner’s dilemma).
A Nash equilibrium, if i recall correctly, results in an optimal strategy for each actor regardless of the actions of other actors, and no actor can improve their outcome without cooperation.
no actor can improve their outcome without cooperation
Yep. No unilateral improvements is one of the requirements.
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