Named after mathematician John Nash, this is a state where no player can improve their outcome by changing their strategy while the other players keep theirs unchanged.
In games like Rock-Paper-Scissors or Tennis, if you always do the same thing, you become predictable. Predictability is the death of strategy. Out-think! : how to use game theory to outsmart...
To outsmart someone, you must "signal" your intentions through actions that have a cost. This is called Signaling . If you take an action that would be too expensive or risky if you were lying, people will believe you are telling the truth. Named after mathematician John Nash, this is a