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Non-cooperative game theory

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In game theory, a non-cooperative game is a game in which there are no external rules or binding agreements that enforce the cooperation of the players. A non-cooperative game is typically used to model a competitive environment. This is stated in various accounts most prominent being John Nash's 1951 paper in the journal Annals of Mathematics.

Non-cooperative game theory - Wikipedia Jump to content From Wikipedia, the free encyclopedia Type of game involving individual competition In game theory , a non-cooperative game is a game in which there are no external rules or binding agreements that enforce the cooperation of the players. A non-cooperative game is typically used to model a competitive environment. This is stated in various accounts most prominent being John Nash's 1951 paper in the journal Annals of Mathematics . [ 1 ] Counterintuitively, non-cooperative game models can be used to model cooperation as well, and vice versa,

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