Solution Concept

Find the complete course at the Si Network Platform → https://bit.ly/SiLearningPathways

In game theory, a solution concept is a model or rule for predicting how a game will be played. These predictions are called "solutions", and describe which strategies will be adopted by players and, therefore, the result of the game. The most commonly used solution concepts are equilibrium concepts.

Learn about the Systems Innovation Network on our social media:
→ Twitter: http://bit.ly/2JuNmXX
→ LinkedIn: http://bit.ly/2YCP2U6