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Nash equilibrium
(redirected from Cournot-Nash equilibrium)

    Also found in: Wikipedia 0.04 sec.

Nash equilibrium

In game theory, where two players collude to produce a situation where failure to collude would make them both worse off. It is named after the US mathematician John Nash (1928– ), who produced a mathematical formalization of such an equilibrium.



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? Mentioned in ? References in periodicals archive
 
The fuzzy duopoly game as defined above has a Cournot-Nash equilibrium.
Games in fuzzy environments by Sarangi, Sudipta / Southern Economic Journal
This model has the advantages of enabling us to tractably model continuous strategies in discrete ways and allowing us to evaluate how these strategies evolve over time relative to predetermined benchmarks like Cournot-Nash equilibrium behavior, collusive behavior, and perfecfly competitive behavior.
The evolution of fuzzy rules as strategies in two-player games by Linster, Bruce / Southern Economic Journal
Similarly, there will be a set of foreign reaction functions, and the intersection of the reaction functions defines the Cournot-Nash equilibrium.
Environmental Duties and International Harmonization of Standards by Ederington, Josh / Southern Economic Journal
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