A beautiful theory

Ed Nosal and Peter Rupert ()

Economic Commentary, 2002, issue Apr

Abstract: It wasn?t A Beautiful Mind?the book or the movie?that made John Forbes Nash, Jr., famous. It was his work in game theory, a theory that models strategic interactions between people as games. Before Nash, the only games theorists could get a handle on were artificial ones with no real-world applications. Nash?s insights enabled economists to expand the use of game theory to interesting practical problems.

Keywords: Game; theory (search for similar items in EconPapers)
Date: 2002
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