Nash Equilibrium is a solution concept in noncooperative game theory defined as a strategy profile (possibly mixed) in which each player’s strategy is a best response to the strategies of all other players, so that no player can increase their expected payoff by unilaterally deviating.
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A Theory of Fairness, Competition, and Cooperation
Ernst Fehr, Klaus M. Schmidt · The Quarterly Journal of Economics · 1999 · 11.1K citations · Full text
John F. Nash · Econometrica · 1950 · 7.9K citations
Roger B. Myerson · Mathematics of Operations Research · 1981 · 6.1K citations
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