I explain Nash Equilibriums, a type of solution from non-cooperative game theory.

Further reading and reference:

Nash Equilibrium on Wikipedia: https://en.wikipedia.org/wiki/Nash_equilibrium

John Nash on Wikipedia: https://en.wikipedia.org/wiki/John_Forbes_Nash_Jr.

Non-cooperative Game Theory on Wikipedia: https://en.wikipedia.org/wiki/Non-cooperative_game_theory

Pareto Efficiency on Wikipedia: https://en.wikipedia.org/wiki/Pareto_efficiency

Spaniel, Game Theory 101, 2012: https://www.youtube.com/watch?v=0i7p9DNvtjk

SciShow, Game Theory, 2016: https://www.youtube.com/watch?v=MHS-htjGgSY