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    Games with a unique Nash equilibrium have a uniquely dete... — Carmelics
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    Supports→The Prisoner's Dilemma is an unusually simple game from the perspective of solution concepts.

    Games with a unique Nash equilibrium have a uniquely determined solution, making solution-concept puzzles trivial for such games.

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    The Prisoner's Dilemma has a unique Nash equilibrium (joint confession).The Prisoner's Dilemma is an unusually simple game from the perspective of solut...

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    It’s useful to start the discussion here from the case of the Prisoner’s Dilemma because it’s unusually simple from the perspective of the puzzles about solution concepts. What we referred to as its ‘solution’ is the unique Nash equilibrium of the game. (The ‘Nash’ here refers to John Nash, the Nobel Laureate mathematician who in Nash (1950) did most to extend and generalize von Neumann & Morgenstern’s pioneering work.) Nash equilibrium (henceforth ‘NE’) applies (or fails to apply, as the

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