StrategicMindz

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Can someone explain Nash Equilibrium like I’m 5?

Okay, imagine you're choosing between playing with action figures or dolls with your friend. You'd pick one toy, and your friend picks one too. Nash Equilibrium happens when you both picked toys and neither of you wants to change after seeing what the other chose. You're both good with what …
submitted 9 months, 1 week ago by StrategicMindz