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non-optimal equilibrium

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  • Optimal virulence — is a concept relating to the ecology of hosts and parasites. One definition of virulence is the host s parasite induced loss of fitness. The parasite s fitness is determined by its success in transmitting offsprings to other hosts. At one time,… …   Wikipedia

  • Non-convexity (economics) — In economics, non convexity refers to violations of the convexity assumptions of elementary economics. Basic economics textbooks concentrate on consumers with convex preferences (that do not prefer extremes to in between values) and convex budget …   Wikipedia

  • Nash equilibrium — A solution concept in game theory Relationships Subset of Rationalizability, Epsilon equilibrium, Correlated equilibrium Superset of Evolutionarily stable strategy …   Wikipedia

  • General equilibrium — theory is a branch of theoretical microeconomics. It seeks to explain the behavior of supply, demand and prices in a whole economy with several or many markets. It is often assumed that agents are price takers and in that setting two common… …   Wikipedia

  • Nash-Equilibrium — Das Nash Gleichgewicht, teils auch (wie im Englischen) Nash Equilibrium genannt, ist ein zentraler Begriff der mathematischen Spieltheorie. Es beschreibt in nicht kooperativen Spielen einen Zustand eines strategischen Gleichgewichts, von dem… …   Deutsch Wikipedia

  • Nash Equilibrium — Das Nash Gleichgewicht, teils auch (wie im Englischen) Nash Equilibrium genannt, ist ein zentraler Begriff der mathematischen Spieltheorie. Es beschreibt in nicht kooperativen Spielen einen Zustand eines strategischen Gleichgewichts, von dem… …   Deutsch Wikipedia

  • Subgame perfect equilibrium — Infobox equilibrium name=Subgame Perfect Equilibrium subsetof=Nash equilibrium intersectwith=Evolutionarily stable strategy discoverer=Reinhard Selten usedfor=Extensive form games example=Ultimatum gameIn game theory, a subgame perfect… …   Wikipedia

  • Prisoner's dilemma — This article is about game theory. For the 1988 novel, see Prisoner s Dilemma (novel). For the Doctor Who audiobook, see The Prisoner s Dilemma. For the 2001 play, see The Prisoner s Dilemma (play). The prisoner’s dilemma is a canonical example… …   Wikipedia

  • Stackelberg competition — The Stackelberg leadership model is a strategic game in economics in which the leader firm moves first and then the follower firms move sequentially. It is named after the German economist Heinrich Freiherr von Stackelberg who published Market… …   Wikipedia

  • Nuclear fusion — Nuclear physics Radioactive decay Nuclear fission Nuclear fusion Classical dec …   Wikipedia

  • Repeated game — In game theory, a repeated game (or iterated game) is an extensive form game which consists in some number of repetitions of some base game (called a stage game). The stage game is usually one of the well studied 2 person games. It captures the… …   Wikipedia

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