Nash equilibrium lies at the heart of game theory, representing a condition in which every participant chooses a strategy that optimises their individual outcome given the strategies of the others.
Fudenberg and Levine (1993a) introduced the notion of self-confirming equilibrium, which is generally less restrictive than Nash equilibrium. Fudenberg and Levine also defined a concept of consistency ...
Green, Jerry R. "Stochastic Equilibrium: A Stability Theorem and Application." Stanford University, Institute for Mathematical Studies in the Social Sciences Technical Report, No. 46, January 1971.
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