Next video:
Loading the player...

Game theory in general looks at how individuals or groups make choices that will, in turn, affect other parties' choices. Nash Equilibrium refers to a condition in which every participant has optimized its outcome, based on the other players' expected decision.
 
In summary, game theorists look at decisions, not in isolation, but as part of a system of interactions.

  1. No results found.
Related Articles
  1. Investing

    Game Theory: Beyond The Basics

    Take your game theory knowledge to the next level by learning about simultaneous games and the Nash Equilibrium.
  2. Insights

    Will Gilead Make a Good Fit for Allergan? (GILD)

    Allergan made two recent acquisitions in the NASH diseases space, and Gilead’s strong NASH drug portfolio can fit well with these.
  3. Investing

    A New CEO Takes the Reins at CarMax

    CarMax (NYSE: KMX) is driving into September with a new executive at the wheel. Bill Nash began his reign as CEO at the beginning of the month, succeeding the freshly retired Tom Folliard. Nash ...
  4. Insights

    The Basics Of Game Theory

    Break down and examine the potential consequences of economic/financial scenarios.
  5. Insights

    What Is Equilibrium?

    Equilibrium is a state of balanced supply and demand.
  6. Investing

    Gilead Pays $200M Milestone for Liver Drug (GILD)

    Gilead Sciences made a $200 million milestone payment to Nimbus Therapeutics for its drug to treat fatty liver disease.
  7. Investing

    Bristol-Myers Sinks $100M in NASH, Fibrosis (BMY)

    Bristol-Myers will pay $100 million to Japanese drug firm Nitto to develop a liver fibrosis drug.
  8. Investing

    What Is Economic Equilibrium?

    Economic equilibrium occurs when market supply is equal to market demand.
  9. Insights

    Galectin Tanks on Failure of NASH Treatment (GALT)

    Galectin shares plunge after test results on advanced fibrosis patients miss their primary goal.
  10. Investing

    Can-Fite Submits Protocol for NAFLD/NASH CF102 Drug (CANF)

    Targeting an estimated $35 billion market by 2025, Can-Fite submits a clinical trial protocol for its Phase II study of the drug
Hot Definitions
  1. Co-pay

    A type of insurance policy where the insured pays a specified amount of out-of-pocket expenses for health-care services such ...
  2. Protectionism

    Government actions and policies that restrict or restrain international trade, often done with the intent of protecting local ...
  3. Fiduciary

    A fiduciary is a person who acts on behalf of another person, or persons to manage assets.
  4. Demonetization

    Demonetization is the act of stripping a currency unit of its status as legal tender and is necessary whenever there is a ...
  5. Investment

    An asset or item that is purchased with the hope that it will generate income or appreciate in the future. In an economic ...
  6. Redlining

    The unethical practice whereby financial institutions make it extremely difficult or impossible for residents of poor inner-city ...
Trading Center