1994 Nobel Prize Economists: Contributions from Nash, Harsanyi and Selten to the Game Theory

Uwe Haneke () and Vitória Saddi ()

Brazilian Journal of Political Economy, 1995, vol. 15, issue 1, 58-69

Abstract: The paper tries to highlight the influence of the 1994 three Nobel prize winners– J. Nash, R. Selten and J. Harsanyi on game theory as well as on economic theory. On thebasic of textbooks examples the paper may also serve as a brief introduction to game theoryitself. Some major concepts like Nash equilibrium, subgame-perfect equilibrium, tremblinghand equilibrium and Harsanyi’s transformation are introduced to show with some examplesthe growing importance of game theory in modem economic theory. JEL Classification: C70; B31.

Keywords: Nobel prize; Game theory; Nash; Harsanyi; Selten (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:15:y:1995:i:1:p:58-69:id:1225

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