What are the disadvantages of Nash equilibrium?

J

Julio88

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There are several potential drawbacks of using Nash equilibrium in poker. One limitation is that players may not always have perfect information about their opponents' strategies, which is a requirement for the Nash equilibrium to hold. Additionally, there may be multiple Nash equilibria with equal value], making it difficult to determine which equilibrium will be selected. Finally, some game-theoretical problems, such as solving for Nash equilibrium in two-player poker, can be computationally complex and difficult to approximate. So, while Nash equilibrium can be a useful tool in analyzing poker games, it is not without its limitations.
 
Nash equilibrium has the drawback that it necessitates the opponent's approach be known. This may be a drawback when there is a lack of complete game information or when players are unable to predict their opponents' moves.
 
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