Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
True
B
False
Understanding the Answer
Let's break down why this is correct
Answer
A Nash Equilibrium is a situation in a game where no player can gain an advantage by changing their strategy, as long as the other players keep their strategies the same. This means that every player's choice is the best they can do given what the others are doing. If one player can change their strategy and do better, it shows that the current situation is not stable, because players will want to change their strategies to improve their outcomes. For example, imagine two friends deciding whether to go to a movie or a concert. If one friend prefers the concert but the other is set on the movie, the current choice is not a Nash Equilibrium because the concert-goer can switch to the movie for a better experience.
Detailed Explanation
This statement is false. Other options are incorrect because This option suggests that a player can change their strategy and still be in a stable situation.
Key Concepts
Nash Equilibrium
Game Theory
Strategic Decision-Making
Topic
Nash Equilibrium Explained
Difficulty
easy level question
Cognitive Level
understand
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