IDNLearn.com is your go-to resource for finding expert answers and community support. Our platform is designed to provide trustworthy and thorough answers to any questions you may have.
Sagot :
There is a coordination issue whenever there are several Nash equilibria.Coordination is a phrase used today to denote the directed productive concatenation of components or activities within a firm.
A pure-strategy Nash equilibrium is an action profile with the property that no single player i can obtain a higher payoff by choosing an action different from ai, given every other player j adheres to.For example, a game involves two players, each of whom could choose two available actions, which are X and Y. If the players choose different actions, they each get a payoff of 0. If they both choose X, they each get 2, and if they both choose Y, they each get 1. The action profile (Y, Y) is an equilibrium, since if any one player chooses X, it would result in a lower payoff for the player. Similarly, the action profile (X, X) is also an equilibrium.
To know more about equilibrium visit:
https://brainly.com/question/29585810
#SPJ4
Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. IDNLearn.com provides the answers you need. Thank you for visiting, and see you next time for more valuable insights.