For those asking: “Nash equilibrium”? 🤔

Nash equilibrium is a concept in game theory that describes the optimal outcome of a game where each player chooses a strategy and no player has an incentive to change their strategy, given the strategies of the other players. In other words, it is a state where each player's strategy is optimal given the choices of the other players, and no player can improve their outcome by changing their strategy unilaterally.

The Nash equilibrium is applicable in various real-life situations to determine the best payoff in a scenario based on the strategies of the players involved.