"The Price of Stability"

"The Price of Stability" is a concept from game theory that measures the difference between the best possible outcome that players can achieve if they cooperate optimally and the best outcome they can reach when they act independently and strategically. It quantifies the added cost or inefficiency caused by players not cooperating fully. In simple terms, it shows how much less efficient a system becomes due to individual strategic behavior compared to the ideal cooperative scenario, helping us understand the impact of self-interest on collective outcomes.