The Nash-Equilibrium Requires Strong Cooperation
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🧮 math.OC
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cooperationassumptionnash-equilibriumstrongcelebratedcontrarycustomaryessentially
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Contrary to the customary view that the celebrated Nash-equilibrium theorem in Game Theory is paradigmatic for non-cooperative games, it is shown that, in fact, it is essentially based on a particularly strong cooperation assumption. Furthermore, in practice, this cooperation assumption is simply unrealistic.
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