StrategicMastermind

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Just learned about Nash Equilibrium

The key to understanding Nash is realizing it's a simplification for complex interactions. Sure, real-life decisions are messier with emotions and irrationality in play, but Nash gives us a foundation for predicting outcomes in strategic situations, especially in economics and evolutionary biology. Plus, game theory isn't static; behavioral game theory …
submitted 10 months, 1 week ago by StrategicMastermind