Berge equilibrium
The Berge equilibrium is a game theory solution concept named after the mathematician Claude Berge. It is similar to the standard Nash equilibrium, except that it aims to capture a type of altruism rather than purely non-cooperative play. Whereas a Nash equilibrium is a situation in which each player of a strategic game ensures that they personally will receive the highest payoff given other players' strategies, in a Berge equilibrium every player ensures that all other players will receive the highest payoff possible. Although Berge introduced the intuition for this equilibrium notion in 1957, it was only formally defined by Vladislav Iosifovich Zhukovskii in 1985, and it was not in widespread use until half a century after Berge originally developed it.
Q44455
game theory
Concept
Q780008
solution concept
Concept
Q551830
Claude Berge
PER
Q23389
Nash equilibrium
Concept
Q167323
altruism
Concept
Q13422573
non-cooperative play
Concept
Q96373428
Berge equilibrium
Concept
Q96373428
Berge equilibrium
Concept
1957-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
1957
DATE
1985-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
1985
DATE
facet of