If there is a set of strategies with the property that no player can benefit by changing her strategy while the other players keep their strategies unchanged, then that set of strategies and the corresponding payoffs constitute the Nash Equilibrium.
... In fact, any dominant strategy equilibrium is also a Nash Equilibrium. The Nash equilibrium is an extension of the concepts of dominant strategy equilibrium and of the maximin solution for zero-sum games.
Dr. Roger A. McCain, Professor of Economics
ReplyDeletehttp://faculty.lebow.drexel.edu/McCainR/