Monday, June 1, 2015

John Nash and Game Theory

John Nash, a principal originator of game theory, and the subject of the Oscar-winning film A Beautiful Mind was recently killed in an automobile accident.

John Nash titles here. Our copy of a Beautiful Mind here.

Among many contributions, Nash was famous for the Nash equilibrium in game theory. From the obituary in the Guardian:

“In his discipline, he gave his name to the Nash equilibrium – a position in a situation of competition or conflict in which both sides have selected a strategy, but where neither side can then independently change their strategy without ending up in a less desirable position.”

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