Nash equilibrium, for example -- the influential theory of John Nash, a mathematician portrayed in several films and the book "A Beautiful Mind" -- would predict that everyone will end up at random places with equal probability for each round.
What does NE stand for?
NE stands for Nash Equilibrium (game theory)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Slang/chat, popular culture
See other definitions of NE
We have 35 other meanings of NE in our Acronym Attic
- Natural Disaster Youth Summit (Kobe, Japan)
- Now Discover Your Strengths (workshop)
- Nanaimo and District Youth Soccer Association (Canada)
- North Dakota Youth Soccer Association
- No Discharge Zones (body of water in which discharge of boat sewage is prohibited)
- No Drama Zone
- Nederlands Dames Zitvolleybal Team
- Nach Elfmeterschießen (German soccer)
- Naked Empire (Terry Goodkind book)
Samples in periodicals archive:
We also show that our protocol satisfies computational versions of strict Nash equilibrium and stability with respect to trembles.
Our analysis indicates that a set of policies including one that requires buyers to take an underwriting test can constitute a full coverage Nash equilibrium when perfect classification is possible.
One can see from (2) and (4) that a situation in which all actors defect (overall defection) is a Nash equilibrium if there is no i for whom contribution would be a dominant strategy.
In the Nash equilibrium no agent has an incentive to deviate.
So the appropriate model to start from should be the non-cooperative Nash equilibrium model using Nash conjectures (see Szymanski, 2004).
According to the Stackelberg theory of oligopoly, the Nash equilibrium of the one-shot game, in which there are two firms and the strategies available to each firm are the different quantities that might be produced, assumes the firms set quantities sequentially in order to maximize their profit (Gibbons 1992).