Game Theory in Life: TRAVELER'S DILEMMA - What is Nash Equilibrium? A dilemma everyone faces. #3

Описание: Traveler's dilemma is around our daily life. What is the Nash Equilibrium in the traveler's dilemma?

Nash equilibrium is a concept of game theory where the optimal outcome of a game is one where no player has an incentive to deviate from his chosen strategy after considering an opponent's choice.

Some new products coming out. Why do people wait in line much earlier before the sales date?

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#GameTheory #TravelersDilemma #NashEquilibrium