I'm reading an article called "The Nash equilibrium: A perspective" by Holt and Roth, and the below paragraph caught my attention.
When the goal is prediction rather than prescription, a Nash equilibrium can also be interpreted as a potential stable point of a dynamic adjustment process in which individuals adjust their behavior to that of the other players in the game, searching for strategy choices that will give them better results.
Is this paragraph referring to repeated games, or can this view of the Nash equilibrium be thought to apply to single-shot games as well? It mentions "game" (i.e. singular). However, I don't see how you can adjust strategies in a single game. On the other hand, if it is saying that a single-shot game is equivalent to a hypothetical series of steps that are taken, then that would be a very interesting take on what constitutes a "game", and one which I would love to know more about.