"When everyone in the group do what it's best for himself and the group."

EDIT: Irony is a class with enrollment restrictions.

No, not really. The nash equilibrium occurs when nobody is able to achieve a better outcome for him/herself when assuming that noone else would change their strategy with him (no coordination).

This is not neccessarily the best outcome for the market or the players themselves, see for example the prisoners dilemma (etc).

I don't see how that is helpful at all, that seams like useless information?

To me, i would look at it as a two dimensional plot somewhere there would be a statistical point which is the point of equilibrium.

Where these processes would statisticly end up.

lol, my exact thought when reading that comment. I think its almost verbatim lifted from the 'Beautiful Mind'.

DING!

Thanks for your participation.