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Nash equilibrium and Social norm

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Nash equilibrium and Social norm

Nash equilibrium vs. Social norm

In game theory, the Nash equilibrium, named after American mathematician John Forbes Nash Jr., is a solution concept of a non-cooperative game involving two or more players in which each player is assumed to know the equilibrium strategies of the other players, and no player has anything to gain by changing only their own strategy. From a sociological perspective, social norms are informal understandings that govern the behavior of members of a society.

Similarities between Nash equilibrium and Social norm

Nash equilibrium and Social norm have 3 things in common (in Unionpedia): Coordination game, Equilibrium selection, Repeated game.

Coordination game

In game theory, coordination games are a class of games with multiple pure strategy Nash equilibria in which players choose the same or corresponding strategies.

Coordination game and Nash equilibrium · Coordination game and Social norm · See more »

Equilibrium selection

Equilibrium selection is a concept from game theory which seeks to address reasons for players of a game to select a certain equilibrium over another.

Equilibrium selection and Nash equilibrium · Equilibrium selection and Social norm · See more »

Repeated game

In game theory, a repeated game is an extensive form game that consists of a number of repetitions of some base game (called a stage game).

Nash equilibrium and Repeated game · Repeated game and Social norm · See more »

The list above answers the following questions

Nash equilibrium and Social norm Comparison

Nash equilibrium has 102 relations, while Social norm has 59. As they have in common 3, the Jaccard index is 1.86% = 3 / (102 + 59).

References

This article shows the relationship between Nash equilibrium and Social norm. To access each article from which the information was extracted, please visit:

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