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Thread: John Forbes Nash, a beautiful mind, RIP

  1. #1
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    John Forbes Nash, a beautiful mind, RIP

    http://www.jsonline.com/news/usandwo...304851831.html

    John F. Nash Jr. - Biographical". Nobelprize.org. Nobel Media AB 2014. Web. 24 May 2015. <http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1994/nash-bio.html>

    Why John Nash was important to the world beyond mathematics
    http://www.nj.com/middlesex/index.ss...thematics.html

    John Milnor, AMS review of the book A Beautiful Mind
    http://www.ams.org/notices/199810/milnor.pdf
    Last edited by Nightmare; 05-24-2015 at 05:02 PM.
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  2. #2
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    The legacy of John Nash and his equilibrium theory

    His most lasting legacy bears his name. He proved that in any game where a finite number of players each has a finite number of choices, there is at least one position from which no single player alone can improve his/her position by changing strategy.

    Such a point is called a "Nash equilibrium". The proof is, in the words of the economist Samuel Bowles, that there is always "a situation in which everybody is doing the best they can, given what everybody else is doing".

    http://phys.org/news/2015-05-legacy-...um-theory.html
    I am responsible for my writing, not your understanding of it.

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