nash equilibrium
type: Concept
definition: Nash equilibrium (NE) is a solution concept in game theory named after the mathematician and economist John Nash. Informally, a NE can be described as a situation in which each individual player obtains the maximum possible payoff given what the other players are doing. [Source: Encyclopedia of Power; Nash Equilibrium]
broader: economics and ethics

economics and ethics
type: Concept
narrower: nash equilibrium

concepts
type: Collection
type: ConceptGroup
member: nash equilibrium