ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Non-cooperative Game Theory and Pay-off

Focusing on an important dilemma regarding the contribution of the game theory and Nash equilibrium in economics, it is argued that the former is highly case specific. It is difficult to generalise the conclusion or solution to a more universal arena.



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Updated On : 1st Feb, 2017

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