This outcome is an example of Nash Equilibrium. The Nash equilibrium, a decision-making strategy in game theory, states that a player can achieve the desired result by adhering to their initial strategy.
The best strategy for each player in the Nash equilibrium is determined by what the other players have decided. It can be used to simulate economic behavior and foretell the optimal course of action in any given circumstance. The American mathematician John Nash, who developed the theory and received the Nobel Prize for it, is remembered by the name of the Nash equilibrium notion. the player who did not change has no better strategy in the new situation.
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