Decision Sciences
3 years ago

New Method Identifies Best Solutions in Complex Game Scenarios

Studies in Microeconomics
A Method to Select Best Among Multi-Nash Equilibria
M. Punniyamoorthy, Sarin Abraham, Jose Joy Thoppan

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The article presents three methods to choose the best solution from multiple options in a game. The first method picks the solution with the highest payoff, the second method selects the one with the least risk, and the third method combines both factors. By adjusting the importance of each factor, the researchers found a way to confidently determine the best solution among many possibilities.