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Nash equilibrium refers to the optimal outcome of a game where there is no incentive for the players to deviate from their initial strategy. An
Nash equilibrium refers to the optimal outcome of a game where there is no incentive for the players to deviate from their initial strategy. An individual (or player) can receive no incremental benefit from changing actions, assuming other players remain constant in their strategies. Given this premise, can there be a no Nash equilibrium?
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