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A Nash Equilibrium Is Defined as the Outcome That

Question 38

Multiple Choice

A Nash equilibrium is defined as the outcome that:


A) results in equal payoffs to both players.
B) is unique and invariant to the strategy chosen by the other.
C) maximizes the sum of the players' payoffs.
D) results when both players lose by deviating from the equilibrium play.
E) maximizes each player's payoff against the strategy chosen by the other.

Correct Answer:

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