A dynamic equilibrium is formed in a reversible reaction when the rates of the forward and reverse reaction are equal and the amounts of the reactants and the products remains constant. In this ...

Nash equilibrium is a game theory concept where optimal outcome is when there is no incentive for players to deviate from their initial strategy.

Learn about reversible chemical reactions and dynamic equilibrium with GCSE Bitesize Chemistry, AQA.

Sufficient conditions for Nash equilibrium in an n-person game are given in terms of what the players know and believe--about the game, and about each other's rationality, actions, knowledge, and ...

Recent research has suggested that punctuated equilibrium models best describe the outputs of policymakers. While this literature has convincingly demonstrated that the distributions of policy outputs ...