Yes, that's correct.  In a Nash equilibrium, no one player can improve their outcome by unilaterally changing their own strategy.


SimpleStacker

Thanks. Not looking for reward but please tell me if it's the correct explanation of Nash theory?

Nash equilibrium, in game theory, an outcome in a noncooperative game for two or more players in which no player's expected outcome can be improved by changing one's own strategy.

econ

[Economics Puzzle] John Nash was wrong?

Thanks. Not looking for reward but please tell me if it's the correct explanation of Nash theory?

Nash equilibrium, in game theory, an outcome in a noncooperative game for two or more players in which no player's expected outcome can be improved by changing one's own strategy. 