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In the first few sections of Chapter I we introduced the definitions of a noncooperative game and an equilibrium situation. The rationale behind the desire and tendency of the players to attain equilibrium situations was explained. Such a tendency towards equilibrium can thus be viewed as a kind of optimal behavior. A very important fact associated with these concepts is that an equilibrium situation is indeed attainable for a substantially wide class of noncooperative games. Hence the notion of an equilibrium situation is not only logically sound but is also practically useful.
KeywordsMixed Strategy Pure Strategy Equilibrium Strategy Payoff Matrix Noncooperative Game
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