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Game Theory - UMD

Nau: Game Theory 13 A strategy profile s = (s 1, …, s n) is a Nash equilibrium if for every i, s i is a best response to S −i, i.e., no agent can do better by unilaterally changing his/her strategy Theorem (Nash, 1951): Every game with a finite number of agents and action profiles has at least one Nash equilibrium

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