Routledge Dictionary of Economics, Second Edition
Nash, John Forbes, 1928– (B3)
Born at Bluefield, West Virginia, he was educated at Carnegie and Princeton Uni versities. He taught in the 1950s at the Massachusetts Institute of Technology until mental illness caused his retiral; later he was a visiting scholar at the Institute for Advanced Study, Princeton University An economist and mathematician who is famous for distinguishing co-operative from non-co-operative games and formulating the Nash equilibrium.
In 1994 he shared the NOBEL PRIZE FOR ECONOMICS with HARSANYI and SELTEN for his contribution to games theory
References
Nasar, S. (1998) A Beautiful Mind, London: Faber and Faber.
Nash, J.F. (1951) ‘Non-cooperative games’, Annals of Mathematics 54:286–95.
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